TEHRAN – Wednesday trade at Tehran Metal Exchange (TME) closed at 50,600 tons of supply against 87,320 tons of demand, calling for 39,920 tons of various types of steel, cooper, aluminum, and molybdenum concentrate valued at Rls.236.98b ($26.4m), the Persian service of ILNA reported here.

The steel group witnessed six rounds of separate deals at 39,580 tons in forward purchase of Rls.204.49b ($22.8), dedicating 99.15 percent and 86.62 percent of total exchange in terms of weight and value correspondingly.

In cooper group of products, 160 tons valued at Rls.11.94b ($1.4m) changed hands in two rounds, assuming 0.2 percent and 5.06 percent of the day’s exchange in weight and value.

Molybdenum group exchanged 80 tons of products in three intervals during the day, grabbing Rls.16.88b ($1.9m) of Wednesday’s worth with 0.2 percent and 7.15 percent of total weight and value in that order.

At the end of the day, 100 tons of T-bar aluminum was traded at Rls.2.77b ($308,000) in cash like the rest, allocating 0.25 percent and 1.17 percent of total weight and value to itself.

There was no supply in zinc group.