Chadormalu Mining and Industrial Company, one of the leading steel exporters of Iran has booked 30,000 t billets for China through a tender, floated last week. According to SteelMint sources, the company concluded the tender at $395-400/t, FoB Iran. The shipment is likely to be scheduled for mid-Sep’20. Iran’s billet export prices have remained majorly stable against last week.
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