Tag: Iran: Billet export prices hit a record-high on active Chinese buying

In a recently concluded billet export deal for China, Chadormalu Mining and Industrial Company sold 30,000 t billets at $570/t, FoB through a tender for May ’21 shipments, sources reported to SteelMint. With this deal, the Iranian billet export prices hit an all-time high level, as per data maintained with SteelMint since 2018. The Chinese…