Iran: Chadormalu concludes 30,000 t billet export tender

Chadormalu Mining and Industrial Company, one of the leading steel exporters of Iran, is reported having concluded its 30,000 t billet export tender, floated last week. According to SteelMint sources, the company achieved a price level of $412/t, FoB, up by $2 against previously concluded tender, last month. During H1 Persian Year (20 Mar-20 Sep’20), the company exported approximately 270,000 t billets.