Iran billet export prices up in recent deal

Khouzestan Steel Company (KSC) was reported to have booked 30,000 t billets and 40,000 t slabs for export through a tender. The deal value for both the commodities was reported to be in between $390-395/t, on FoB Iran basis. The shipment will be scheduled by mid-Sep’20. According to the company’s official, the cargoes are likely to ship for SE Asia.


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