Tag: Billet price in Iran
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Iran: Government’s New Measures Lowered the Domestic Billet Demand
Recently, Ministry of Industry, Mines and Trade of Iran has announced a policy of selling billet and slab in Iran Mercantile Exchange. As per the policy, big steelmakers are required to sell their products to authorized buyers in IME with a fixed price of FOB CIS x IRR 42,000. Also, the steelmakers can raise the…