13
Dec
15:17
Iranian billet export tags surge over supply shortage
Iranian long steel producer Chadormalu concluded in its latest billet tender, which closed on Wednesday, a 30,000-tonne package for 150mm 3sp grade at $482-485/tonne fob Iran, ready for loading at end-January, Kallanish learns.
The availability of large-volume Iranian billet cargoes is dwindling. Towards the end of the month, the country's only blast furnace-route billet producer is expected to launch a billet export tender.
Last Friday, induction furnace-rou…
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Anonymous
Very good overview of the weekly steel market.
Anonymous