An Iranian mill concluded 25,000 t billets (150mm) export deal at around $683/t FOB Iran for mid-June shipment. Prices corrected by $10/t compared to last week. Iranian mills are awaiting clarity on imposed export tariffs. It is to be noted that the ministry imposed export tariffs on various products, including steel on 11 April. The export duty for steel products is at around 17% of the total product price.
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