12
Jun
11:13
Iranian mills' billet export tenders close below target
Iranian mill Khouzestan Steel Company (KSC) for July-mid readiness and sole blast furnace route Esfahan Steel Company (ESCO) for mid-August shipment each closed 3sp billet export tenders last week and both for 30,000 tonnes at $480/t fob, Kallanish learns from market sources.
In addition, KSC sold a small batch of 10,000t parcel at $482/t fob for mid-July shipment
Before the tenders, mills had informed the bidders that they target $490-495/t fob. Due to global ne…
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Anonymous
Very good overview of the weekly steel market.
Anonymous