Tag: Iran: Billet export prices rise in a recent deal

Esfahan Steel Company (ESCO), one of Iran’s leading steel exporters, sold 30,000 t billets at $559/t, FoB for Jun ’21 shipment. According to SteelMint sources, the cargo is likely to be shipped to China. Prices have increased by around $5-10 w-o-w. During the first eleven months of the current Iranian year (20 Mar ’20 –…