Tag: Iran billet export offers
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Iran: Billet export prices fall to five-month low, further drop likely
Iranian billet export prices witnessed a sharp drop following a deal concluded in the beginning of this week. Bid-offer disparities and cheaper billet offers from Russia have continued to drag down billet export prices to a five-month low, SteelMint notes. An Iranian mill concluded an export deal for 30,000 tonnes (t) of steel billets. The…