Iranian semi-finished steel exporters resumed sales to China this week as customers in the country returned to the market after Golden Week holiday which took place from October 1-7.
A 30,000-tonnes prompt shipment cargo was heard booked in China at $405-410 per tonne cfr. That would net back to $365-370 per tonne fob, market participants said. The deal has not been included in the assessment as shipment terms differ from those...