Tag: Iran Mercantile Exchange
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Iran: Billets market subdued on limited export deals, trade on IME
The Iranian billets export market has seen a slowdown in deals following the global trends and a sharp drop in Chinese rebar futures. Towards the closing of last week, an Iranian mill concluded an export deal for 45,000 t of steel billets, sources informed SteelMint. According to market sources, the mill achieved a price level…