Iran: KSC floats 30,000 t billet export tender

Iran’s leading steel mill – KSC has floated an export tender for 30,000 t billets (130mm) for end-Jul’21 shipment. The company exported 340,000t semi-finished steel in first two months of the current Iranian year, up by 136% y-o-y. SteelMint’s bi-weekly assessment for Iranian billets (150*150mm, BF route, FoB east coast) was recorded at $610/t, FoB on 6 July.