Iranian export billet, slab prices drop on downtrend in global market

Iranian exporters of semi-finished steel products came back to the market after the Persian new year holiday late last month with price reductions that followed the trend in the wider global markets.

Metal Bulletin’s weekly price assessment for Iranian billet exports decreased to $500-515 per tonne fob on Wednesday April 4, from the previous range of $515-530 per tonne fob.

Local producers Khouzestan Steel and Khorasan Steel opened tenders for July-shipment billet within the range of $515-520 per tonne fob, down by $15 per tonne...

Published

Vlada Novokreshchenova

April 04, 2018

15:52 GMT

London