Tag: Iranian billet export offer
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Iran: Billets export prices fall to 8-month low on bid-offer disparities, natural gas curbs
The Iranian billets export market has continued to remain lackluster this week, as bid prices have declined further amid lack of firm enquiries. An Iranian mill has reportedly floated a tender for 20,000 tonnes (t) of billets. However, the tender remained inconclusive as the bids fell to around $540/t on FOB basis, as per market…