18
Oct
11:20
Rising sea freight rates weigh on Iranian semis
Rising ocean freight rates have weighed on Iranian semi-finished product prices in recent export tenders. Freight from Iran to the Far East – Indonesia, China – has risen to $30-35/tonne for December shipments from $25/t two weeks ago. Within the Persian Gulf, rates inched up only $2-3/t on previous quotes, notes Kallanish.
Iran's sole blast furnace route steelmaker, ESCO, closed 10,000 tonnes of 200mm bloom sales at $475/t fob for mid-Decembe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous