Iran's export prices for steel slab and billet rose over the week to Wednesday December 23 amid higher raw material prices and a shortage of semi-finished products globally.
The Iranian export billet price is at its highest since March 2018 and the slab export price has hit its highest point since April 2018.A total of 50,000 tonnes of Iranian billet was sold in two tenders during the week. One tender for 20,000 tonnes sold at $530 per tonne fob, while the other 30,000 tonnes were...