Author: Pranjal Markale
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Iran: Billet export offers gain on global trend
Iranian mills have raised billet export offers this week on the rising global price trends. SteeMint’s assessment of Iranian billet has moved up by $5/t w-o-w to $395-400/t, FoB Iran. The trading activity was quiet this week. Few mills like ESCO and KSC are likely to float billet export tenders by next week for 20,000 t…