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03 Jan
16:02

Iranian billet exports plunge in November

Iranian billet exports plunged steeply in the month through 21 November, Kallanish notes from newly-published Iranian Steel Producers Association (ISPA) data. Billet exports in the eight months through 21 November fell -14% on-year to 2 million tonnes, in comparison to a 1% rise after seven months. Eight-month slab exports declined -29%, deepening from a -24% seven-month drop to 1.35mt. Hot rolled coil exports growth, moreover, slowed to 39% after e…
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