Tag: Iran: Billet export prices spike in recent deals

Iranian billet export prices surged in recent deals for South East Asia and China concluded through tenders. Prices a spiked by over $40/tonne (t) week-on-week (w-o-w). The tender sold to China fetched $20 higher than the deal concluded to SE Asia. The SE Asian buying indications are not in line with the global price indications,…