Iranian billet export prices witnessed a significant drop of $20-25 w-o-w in recently hosted tenders by the leading steel exporters of Iran, Chadormalu Mining and Industrial Company, and Khouzestan Steel Company (KSC). According to SteelMint sources, KSC managed to achieve price levels of $540/t FoB for the Far East, while Chadormalu concluded the tender at $530-535/t, FoB.
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