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12 Apr
15:33

Esco targets exports increase, Europe pig iron sales

Esfahan Steel (Esco) is targeting 1 million tonnes of exports in the Iranian year through 20 March 2018 after reaching 700,000t in the previous twelve months, a company official tells Kallanish. Of the 1mt target, 700,000-750,000t is projected to be billet, up from 450,000t in the previous year. Although, as a producer of bar and sections, Esco’s preference is to sell finished long products, billet prices have improved considerably in the international mar…
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