Iranian export prices for slab, billet soften amid looming sanctions

Iranian export slab prices fell slightly in the week ended Wednesday May 30, with customers achieving lower prices in recent bookings.

Metal Bulletin’s weekly price assessment for Iranian slab exports dropped by $5 per tonne week on week on May 30, to $505-510 per tonne fob.
A cargo of Iranian slab for shipment in July was reported to have been booked by customers in Southeast Asia within that price range.
Recent export slab offers from Iranian mills were heard at $510 per tonne fob.

But customers from Southeast Asia have voiced...

Published

Vlada Novokreshchenova

May 31, 2018

11:15 GMT

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