Iran: Steel mill concludes billet export tender at $625/t FOB

An Iranian mill has concluded an export deal for 45,000 t of steel billets, sources informed SteelMint. The steel mill achieved a price level of $625/t on FOB basis. The shipment is likely to be scheduled for Dec’21. Iran’s billet export prices have remained largely range-bound compared to prices seen in the last-concluded tender, as per SteelMint reports.


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