Iran’s billet export bookings have resumed after the market remained silent for some time due to power outages. However, there is no significant increase in allocations. According to credible sources, an Iranian mill has concluded an export tender for 20,000 t of steel billet. The tender was concluded at around $625/t FoB Iran and the shipment is scheduled for Oct’21, sources confirmed. The destination is yet to be confirmed, though.
Leave a Reply