Iran: Steel billets export prices rise $40/t in a recent deal

An Iranian mill has concluded an export deal for 30,000 t of steel billets, sources informed SteelMint. The deal was heard to be concluded at $590/t FOB for Apr’22 shipment for GCC. Iran’s billets export prices have risen sharply by around $40/t compared to the last-concluded tender towards end-Jan tracking global rally and higher raw material prices.


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