Iranian export billet, slab prices drop on global market instability

Prices for Iranian exports of steel billet and slab decreased somewhat in the week ended Wednesday May 2 with customers targeting lower prices because of the unstable conditions in the global billet market.

Metal Bulletin’s weekly price assessment for Iranian billet exports was $480-500 per tonne fob on May 2, against $495-505 per tonne fob a week earlier. Recent bookings of Iranian billet were reported for around $500 per tonne fob to customers from the Gulf...


Vlada Novokreshchenova

May 02, 2018

18:08 GMT