Tag: Iran Billet Export price
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Iran: Steel billets export prices fall $10/t in recent deal
An Iranian mill has concluded an export deal for 40,000 t of steel billets at $470/t FOB and the shipment is scheduled for Dec’22. Prices saw a decrease of around $10/t against the last concluded tender in mid-Oct’22. Falling global scrap prices, drop in bids from key importing countries and return of Chinese billets into…