Iranian mill concludes 30,000 t billet export tender

  • Iranian steel producer, Esfahan Steel Co. (ESCO), concluded an export tender this week for 30,000 t of commercial-grade billet at $420/t FOB for late-Oct’25 shipment.
  • According to market participants, Iran’s latest export offers are at $420-425/t FOB for billets, for slabs, offers are at $405-410/t FOB. Although workable market levels remain similar to last week’s at $410-415/t FOB.