Tag: global billet export offers
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Iranian Billet Export Offers fall on Liquidity Issues
Iranian billet export offers fall on low liquidity and falling global prices. Last offers for 150 mm square billet was assessed at USD 480-485/MT FOB Iran (from large mills) and USD 440-450/MT FOB Iran (from small mills). Local traders mention that trade activities remain low owing to Chinese holidays and liquidity issues which has lead…