Iran’s Chadormalu concludes 30,000 t billet export tender

Chadormalu Mining and Industrial Company, one of the leading steel exporters of Iran booked 30,000 t billets through a tender at $542/t, FoB Iran. The shipment schedule is for Apr ’21, with China as the likely destination. The company exported around 543,000 t of billets during the first 11 months of the current Iranian year (20 Mar ’21- 20 Feb ’21).