12
Jan
09:20
ESCO billet tender closes at higher-than-expected price
Iranian sole blast furnace-route steelmaker Esfahan Steel Company (ESCO)'s 30,000-tonne billet tender was finalised on Wednesday at a higher price than anticipated.
The tender concluded at $531/tonne fob Bander Abbas for 130/150mm 3/5sp grade billet for end-March readiness. Size and specifications may change upon customer enquiry submitted before the start of production; manganese-enriched or lower sulphur options are open to negotiation, incurr…
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Very good overview of the weekly steel market.
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