Iran: Chadormalu books 30,000 t billets for China, prices up by $10 m-o-m

Chadormalu Mining and Industrial Company, one of the leading steel exporters of Iran, had floated an export tender for 30,000 billets. According to SteelMint sources, the company managed to conclude the tender at the price levels of $420/t, FoB Iran, up by $10-12 against previously booked tender in the last month. The shipment is likely to be scheduled by end-Nov’20/early-Dec’20.