Iranian export billet prices strengthen on demand in Asia

Export prices for steel billet from Iran continued to strengthen in the week to Wednesday September 22, supported by demand in the Asian market.

One of the country’s major exporters of semi-finished steel products, Khouzestan Steel, sold a cargo of billet on Wednesday, scheduled for shipment in November, at $635 per tonne fob southern ports of Iran.

Several market sources reported another billet sale from a compatriot mill done on Tuesday at $638 per...

Published

Vlada Novokreshchenova

September 22, 2021

16:28 GMT

Dnipro