Lower prices were agreed in the most recent round of export steel billet sales from Iran amid the widespread decrease in raw materials costs, Fastmarkets learned on Wednesday March 10.
A cargo of Iranian billet was heard sold on March 7 at $560 per tonne fob southern Iranian ports, in line with highest prices achieved a week earlier.On March 9, Fastmarkets' daily index for iron ore 62% Fe fines, cfr Qingdao, dropped by $9.93 per tonne day on day...