Khouzestan Steel Company (KSC), the leading billet exporter of Iran, has booked 30,000 t billets for China through a tender, floated last week. According to SteelMint sources, the company concluded the tender at $405-406/t, on FoB Iran basis. The shipment is likely to be scheduled for end-Sep’20. Iran’s billet export prices have marginally moved up against last week.
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