Esfahan Steel Company (ESCO), one of Iran’s leading steel exporters, has sold 30,000 t billets in China through a tender. According to Steelmint sources, the mill achieved a price level of $590/t, FoB. The shipment is likely to be scheduled for Jun ’21. During the last Fiscal (ended on 20 Mar ’21), the company produced around 2.35 mn t billets, down by 3% y-o-y.
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