Tag: Iran billet export tender
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Iran: Steel billet export prices hit 5-month low in recent deal
An Iranian mill has concluded an export deal for 40,000-50,000 t of steel billets at around $560/t FOB for early-Aug’22 shipment. Iran’s billet export prices have fallen to a five-month low owing to cheaper offers by Russia and drop in global scrap and billet prices. Iran’s billet and bloom exports stood at 5.97 mnt in…