Tag: Iran Billet Export
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Iran: Billet export prices surge in recent deal for China
Esfahan Steel Company (ESCO), one of the leading steel exporters in Iran, recently sold 30,000 t of steel billet to China through an export tender, as per sources. The company concluded the tender at $650-655/t on FoB basis for Sep’21 shipment. Iranian billet export prices are rallying on active Chinese buying and power outages in…