Tag: Iranian billet export prices
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Iranian billets export prices drop to 6-month lows on muted trade
Iranian billets export prices have seen a sharp decline on falling Chinese futures and weak global demand. Billets prices in Iran have fallen to around six-months-lows, as per data maintained with SteelMint. SteelMint’s price assessment for Iranian billets exports (150*150 mm, 3sp, BOF route) stands at $600/tonne (t) FOB, down by around $20/t w-o-w In…