Iranian billet prices keep climbing as mills sell January allocation

November 14, 2019 / www.metalbulletin.com / Article Link

Export billet prices from Iran have surged in the week to Wednesday November 13 with mills starting sales of their January-rolling material, Fastmarkets has learnt.

Last week, several cargoes of January-rolling billet were reported sold to traders within the range of $360-365 per tonne fob for further sale to Asian markets."There is very little tonnage left now from the January allocation,"...

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