Tag: Iran billet export tender

  • Iran: Steel billet export prices rise $30/t in a recent deal

    Iran: Steel billet export prices rise $30/t in a recent deal

    An Iranian mill concluded an export deal for 30,000 t of steel billets at around $531/t FOB, sources informed. Prices have increased sharply by $30/t as against the levels seen early this week. A recovery in global scrap prices, and limited export allocations amidst power curbs have kept billet export prices supported. Iran’s semi-finished steel…