Iranian Mills Raise Billet Export Offers by USD 10-15/MT

Iranian billet export offers were increased by USD 10-15/MT to USD 345-350/MT FOB Iran last week on relatively improved demand from China.

Iranian mills are looking Billet price levels of CFR USD 370-375/MT CFR China for May shipments. Tentative freight is USD 22-23/MT. Do deals have been reported.

Iranian Slab offers stand at USD 360/MT CFR China.