Fastmarkets’ weekly price assessment for steel billet, export, fob ports Iran
, was $388-392 per tonne on July 29, against $380-385 per tonne a week earlier.
Chadormaly Mining & Industrial was reported to have sold a 30,000-tonne cargo of billet in a tender finalized early this week. The material was scheduled for delivery in late August or early September, Fastmarkets has learnt.
Khouzestan Steel, the country’s major billet exporter, sold two...