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27 Sep

Iranian semis tenders close in line with market

Iranian tenders for semi-finished products – slab and billet – have been finalised this week in line with market trends and expectations, notes Kallanish. Earlier this week, Khozestan Steel concluded a slab tender for 30,000 tonnes at $470/tonne fob for early-November shipment. According to market sources, the cargo is destined for the Far East market. Meanwhile, South Kaveh Steel (SKS) and Esfahan Steel (ESCO) closed their billet tenders. A well-info…
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