Iranian semi-finished steel suppliers cut prices to win deals amid further US sanctions

November 22, 2018 / www.metalbulletin.com / Article Link

Iranian suppliers of billet and slab continued to cut prices in the second half of November to attract customers.

Although several bookings were heard done in the market, the majority of customers refrained from business with the Middle East supplier due to the difficulties stemming from sanctions imposed by the United States.On November 5 the US announced the second round of sanctions against Iran, with the measures targeting the country's energy, banking and...

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