Khorasan Steel Company, one of Iran’s leading steelmakers, has sold 30,000 t billets through a recent export tender, as per SteelMint reports. According to sources, the company concluded the tender at $645, FoB Iran, for July ’21 shipment. Prices have dropped by $45/t vis-a-vis the latest export deal by the Khouzestan Steel Company concluded last week. SteelMint’s bi-weekly assessment for billet export prices from Iran stands at $640-650/t, on FoB basis.
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