An Iranian steel mill has concluded an export tender for 30,000 t of steel billets (commercial grade) at $444/t FOB. The shipment is scheduled for mid-Feb’25. Notably, Iran’s semi-finished steel exports in the first eight months of the current Persian year (21 March 2024-20 November 2024) stood at 3.84 mnt, a decrease of 22% compared to the same period last year, according to data from Petrometals.

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