Iran: Steel billet export prices rise by around $10/t in recent deal
An Iranian steel mill has concluded an export tender for 30,000 t of billets, as per sources informed. The deal was heard concluded at around $490/t FOB and the shipment is scheduled for the mid-Feb'24. Iran's semi-finished steel exports totalled 4.91 mnt, an increase of 7% y-o-y in the first eight months of current Persian year (21 Mar-20 Nov'23), according to the latest data released by the Iranian Steel Producers Association (ISPA).