Tag: Iran billet export offers
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Iran: Steel billet export prices rebound amid global scrap price recovery
Iran’s billet export market remained active this week with prices increasing in recently-concluded deals. Hike in Chinese steel prices and global scrap price recovery have kept billet export prices supported, SteelMint understands. An Iranian mill concluded an export deal for 20,000 tonnes (t) of steel billets at around $465/t FOB, sources informed SteelMint. Prices have…