Iranian semi-finished steel producers drop export prices further to secure deals

Iranian billet and slab producers continued to reduce their export prices to try and attract customers put off by US trading sanctions.

The number of foreign buyers willing to deal with shipments from Iran has steadiliy decreased since the implementation of sanctions by the United States in August 2018. In Gulf Co-operation Council Countries (GCC), and in the UAE in particular (which used to be one of the largest outlets for Iranian billet and...

Published

Vlada Novokreshchenova

January 23, 2019

18:23 GMT

Dnepr