Iran: Steel billet export prices fall in a recent deal

An Iranian steel mill has concluded an export deal for 60,000 t of steel billets to Africa, sources informed SteelMint. The mill achieved a price level of $602/t on FOB basis. The shipment is likely to be scheduled for Dec’21. Iran’s billet export prices have fallen by around $23/t compared to the tender concluded in the first week of Nov, as per SteelMint reports.


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