03
Oct
13:50
Khouzestan Steel sells billet cargo to Canada
Khouzestan Steel (KSC) has sold an 18,000-tonne billet cargo to a buyer in Canada which financed the deal using a letter of credit opened in Germany, Kallanish learns from the Iranian merchant semis maker.
The sale, to Krueger Steel & Wire, according to KSC, is Iran’s second-largest steelmaker’s first export to North America following the removal last January of international sanctions on Iran. It could be the starting point for regular trade wit…
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Anonymous
Very good overview of the weekly steel market.
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