Iran: ESCO books 40,000 t billets for SE Asia and MENA

Esfahan Steel Company (ESCO), one of the leading steel producers of Iran, has booked 40,000 t billets for SE Asian (20,000 t) and MENA (20,000 t) destinations. According to SteelMint sources, the company achieved a price level of $430/t, FoB Iran. The shipment is likely to be scheduled for end-Jan’21. During (20 Mar-20 Apr’20), ESCO exported 0.55 mn t of steel.


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