05
Aug
01:00
Iran to become major billet supplier to Middle East after nuclear deal
Iran could become a serious challenger to China in the Middle Eastern billet market once banking restrictions are lifted following last month's nuclear deal with western powers, various regional steel market participants tell Kallanish.
China has since mid-2014 made major inroads into the Middle Eastern billet market owing to depressed seaborne iron ore prices. These have given Chinese billet producers a significant cost advantage over traditional suppli…
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Anonymous
Very good overview of the weekly steel market.
Anonymous