Iran: Billet export prices drop marginally in recent deal

Iran: Billet export prices drop marginally in recent deal

Esfahan Steel Company (ESCO), one of Iran’s leading steel exporters, recently sold 30,000 t billets to China through an export tender, SteelMint learnt from sources. The company concluded the tender at $640/t, FoB Iran, for Aug’21 shipment. Last published on 28 May ’21, SteelMint’s bi-weekly assessment for Iranian billet stands at $640-650/t, FoB.


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