An Iranian mill has recently concluded export tenders of 40,000 t each for steel billets and slabs at $640/t and $660/t, respectively, on FOB basis, as per SteelMint reports. According to market sources, the shipment is likely to be scheduled for Nov’21. Gradual easing of power problems and removal of export restrictions in Iran should pave the way for greater exports, SteelMint notes.
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