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10 Jan

Iranian market expects imminent semis export tariff review

Iran's steel sector expects the government to revise export duties, a senior mill official tells Kallanish. Although the government's approach is unpredictable, he adds that export duties on semi-finished products – billet and slab – are expected to fall from 2% to 1%. In its latest slab export tender, Mobarekeh Steel Company closed a 30,000-50,000-tonne package at $490/tonne fob Iran for February load-readiness. The destination, according to m…
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