Iranian semi-finished steel exporters seek higher prices

Iranian billet and slab exporters raised their offer prices in a bid to win deals at higher levels this week, with mills in no hurry to sell, market sources told Fastmarkets.

Iranian mills have sold large quantities of billet to traders in recent weeks, with prices ranging between $348 and $350 per tonne fob, and have almost sold out of material until the end of the year.

One cargo of Iranian billet was heard sold by...


Vlada Novokreshchenova

November 08, 2019

11:37 GMT