Iran: KSC floats 60,000 t billet and slab export tender

Khouzestan Steel Company (KSC), Iran’s leading steel exporter, has floated an export tender for 60,000t billets and slabs (30,000t each) for Nov’20 shipments. The company’s expectation is at $410-415/t for billet and $445-450/t for slab, FoB Iran basis. The company remained the largest Iranian steel exporter in the first five months of current Persian year at 0.6 mn t.