An Iranian steel mill has concluded an export tender for 30,000 t of billets, sources informed. The deal was heard concluded at $500/t FOB. Prices increased by around $8/t against previous deal concluded last week amid shortage of electricity and gas. Iran’s exports of billets and blooms accounted for 5.62 mnt, a y-o-y increase of 9% in 9 months of current Persian year.
