Tag: Iran Billet Price
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Iranian billets export market slows down amidst uncertainty
Iran’s billets export market remained less active this week. Lesser firm bids from China, geopolitical conflict between CIS nations and change in Egypt payment system kept trade activities slow. SteelMint’s latest assessment of Iranian billets (3 SP) exports stood at $605-610/t FOB on 22 Feb’22. However, an Iranian mill concluded an export deal for 30,000…