Sluggish trading pushes Iranian export billet prices down

Buying activity in the Iranian export market for steel billet was muted in the week ended Wednesday April 11 amid reduced demand for finished steel products in customers’ markets as well as expectations of further price decreases in the near term.

Metal Bulletin’s weekly price assessment for Iranian billet exports fell to $495-505 per tonne fob on April 11, from the previous range of $500-515 per tonne fob. Offers of billet from Iranian mills were reported within the range of...

Published

Vlada Novokreshchenova

April 11, 2018

13:33 GMT

Dnepr