Khouzestan Steel Company (KSC), Iran’s leading steel exporter, reported having sold 30,000 t billets through a tender. According to SteelMint sources, the mill concluded the tender at $620/t, FoB for Jun ’21 shipments with China as likely destination. The mill also managed to conclude its 30,000 t slab tender floated at $750/t, FoB. Iranian billet export prices have increased by $20 against the previous deal concluded a couple of days back.
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