Iranian billet export prices climb on improved demand

Iranian billet exporters increased prices for foreign customers in the week ended Wednesday March 13, following improved demand in the major outlets.

Several cargoes of billet scheduled for shipment in April were reported sold to Asia around $395 per tonne fob. But there were also several cargoes on the same delivery terms sold to North Africa and Asia within the range of $400-405 per tonne fob. In such conditions, offers for May-shipment billet were...

Published

Vlada Novokreshchenova

March 13, 2019

17:27 GMT

Dnepr