A cargo comprising 30,000 tonnes of slab to be shipped in mid-June was traded at $720 per tonne fob southern Iranian ports early in the week of Monday April 19, up from $635-650 per tonne fob achieved by Iranian mills
in the first half of the month.
Consequently, Fastmarkets’ weekly price assessment for steel slab, export, fob ports Iran
, was $720 per tonne on April 21, up from $635-650 per tonne a week earlier.
The cargo was expected to be sold to Southeast Asia or China, sources said.