Tag: Iran Billet Export Market

Iran: Mills postpone tender bookings as billet export prices fall to three-month low

May 19, 2022

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by

Vaibhav Dubey

in Billet

Iranian billet export prices witnessed a sharp drop following a deal concluded late last week. Declining global scrap prices, the COVID-19 upsurge followed by the lockdown restrictions in China and cheaper billet offers from Russia have dragged down billet export prices to a three-month low, SteelMint notes. An Iranian mill concluded an export deal for…