Esfahan steel company (ESCO), one of Iran’s leading steel exporter, had floated an export tender for 30,000 t billets. According to SteelMint sources, the company has concluded the tender for China at $410-415/t, FoB Iran for Dec’20 shipments. Iranian billet export prices have increased by $5-8/t w-o-w in recent deals. The company’s semis exports during the first five months of the current Persian year stood at 0.3 mn t.
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