Iran: Steel billet export prices fall in recent deal

An Iranian steel mill has concluded an export deal for 30,000 t of 3SP grade billets, sources informed SteelMint. According to sources, the deal was heard to have concluded at $620/t on FOB basis. A leading steel exporter in the MENA region, Iran’s billet export prices have fallen by around $20/t compared to prices seen in the last-concluded tender, as per SteelMint reports.


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