Author: Vaibhav Dubey
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Iran: Steel billet export prices continue to remain under pressure in recent deals
Iranian steel billet export prices witnessed a downward trend this week in recently-concluded deals. Falling global scrap prices, weak demand, drop in bids from key importing countries and return of Chinese billets into the market have weighed on billet export prices, SteelMint notes. An Iranian mill concluded an export deal for 30,000 tonnes (t) of…