11
May
11:36
Iranian billet export tags to increase
In the new round of Iranian mills' billet export tenders for late-June shipment, bidders have increased their target prices to and above $480/tonne fob, on the back of growing demand in Southeast Asia.
Towards the end of this week, two major Iranian mills, KSC and SKS, are scheduled to finalise their billet tenders for late-June shipment for a combined 50,000-60,000 tonnes, Kallanish notes.
Last week, an Iranian mill concluded its June-shipment billet t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous