Tag: Iran Billet Export Market
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Iran: Billet export prices continue downward trend in recent deals
Iranian steel billet export prices continued to head south this week in recently-concluded deals. Declining global scrap prices, low bids, and limited trade have pulled down billet export prices, SteelMint notes. An Iranian mill concluded an export deal for 40,000 tonnes (t) of steel billets at around $475/t FOB, sources informed SteelMint. The shipment is…