Iranian billet, slab prices stable with no new deals since last week

Export prices for semi-finished steel products from Iran were stable over the week ended Wednesday October 10, after no new deals were reported in the market this week.

The United States reintroduced economic sanctions against Iran in early August, which have had a negative effect on Iran’s steel trade because most potential customers are currently refraining from booking material in fear of incurring secondary sanctions.

Additionally, the number of shipping companies willing...


Serife Durmus

October 10, 2018

17:00 GMT