Chadormalu Mining and Industrial Company, one of the leading billet exporters of Iran, recently concluded a 30,000 t billet export tender. According to SteelMint sources, the company achieved a price level of $527/t, FoB. The shipment schedule is for end-Jan ’21/early-Feb ’21 with the African nation as a likely destination. SteelMint’s assessment for billet export offers from Iran has moved up by $25-30 w-o-w and is at $520-525/t, FoB.
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