Fresh bookings push Iranian export billet prices upward

April 17, 2020 / www.metalbulletin.com / Article Link

The price for Iranian steel billet exports continued to climb in the week to Wednesday April 15, supported by price rises in other markets which have followed the recent surge of scrap costs globally.

Fastmarkets' weekly price assessment for steel billet, export, fob ports Iran, was $340-350 per tonne on April 15, narrowing upward by $10 per tonne.

A cargo of Iranian billet was sold to Southeast Asia for around $340 per tonne fob, equivalent...

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