Steel billet export prices from Iran continued to climb in the first week of February supported by an uptrend in the global market after a sharp rise in raw materials prices.
Fastmarkets' weekly price assessment for Iranian billet exports was $370 per tonne fob on Wednesday February 6, against $360-370 per tonne fob last week.Iranian billet producers and traders selling material to foreign customers managed to secure deals at $370-380 per tonne fob this week, sources told Fastmarkets, up by $10 week on week, with bookings reported in North Africa and Asia.Deals at the upper end...