Iranian billet export prices remain supported in recent deals

An Iranian steel mill has concluded an export tenders for 30,000 t each of billet at $466/t FOB, as per sources informed BigMint. The shipment is scheduled on end-Nov’24 period. Notably, Iran’s semi-finished steel exports in H1 of the current Persian year (21 Mar’24-20 Sep’24) stood at 2.77 mnt, a decrease of 25% y-o-y, according to data from the Iranian Steel Producers Association (ISPA).


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