An Iranian mill has concluded an export deal for 30,000 t of steel billets, sources informed. The deal was concluded at around $680/t FOB for end-Apr shipment. Iran’s billet export prices have risen marginally by around $5-10/t, d-o-d. Global steel prices are rallying due to higher raw materials prices amid trade tensions due to the Russia-Ukraine conflict, SteelMint understands.
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