08
Nov
14:41
Iranian mills hold prices amid lack of demand
Iranian mills are trying to hold their semi-finished product prices steady amid low demand worldwide and falling prices, notes Kallanish.
Towards the end of last week, the country's sole blast furnace route steelmaker, ESCO, completed an export tender for 30,000 tonnes of billet. At the same time, Khorasan cancelled its billet tender due to low bids and postponed it indefinitely. ESCO announced that the tender had been awarded to the highest bidder at $4…
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Anonymous
Very good overview of the weekly steel market.
Anonymous