Iranian mill concludes 30,000 t billet export tender

Iranian steelmaker Khouzestan Steel Complex (KSC) has concluded an export tender for 30,000 t of billets. The deal was finalised at $420/t FOB and the shipment is scheduled for early Jun, sources informed BigMint. Iran’s semi-finished steel exports during the first 11 months of the current Persian year (21 March 2024-20 February 2025) stood at 5.63 mnt, down 21% y-o-y.