Iranian steel billet prices pick up amid demand recovery in Asia

The recovery of demand for import billet in Asia, which follows the revival of China’s interest in import material in recent weeks, has helped Iranian billet producers to achieve higher prices in the most recent round of tenders.

Two Iranian billet producers - Kish South Kaveh and Arfa Iron & Steel - were heard to sell a total of 60,000 tonnes of the material at $543 per tonne...


Vlada Novokreshchenova

December 29, 2021

17:07 GMT