Iranian billet exporters fail to sign new deals, customers target discounts

Iranian producers have opened a number of billet tenders since last Wednesday, offering foreign customers 130,000-170,000 tonnes of the material to be delivered in July-August.

No bookings were heard done due to the mismatch between buyers' bids and mills' target prices.

"Mills do not want to reduce their export prices below $540 per tonne fob,"...


Vlada Novokreshchenova

June 22, 2022

14:35 GMT