16
Nov
13:58
GCC billet market monitors falling Iranian prices
Gulf Cooperation Council billet producers are closely monitoring Iranian billet quotes softening by $5-10/tonne on the last round of sales to $456-460/t fob Bander Al Abbas port.
Iranian 150mm 3sp billet offers for 20,000-25,000 tonnes to Turkey are at $525-530/t cfr Turkish ports for December shipment. Meanwhile, regardless of quantity, quotes are at $500/t delivered to buyer's yard in Oman and United Arab Emirates for prompt shipment. Iranian selle…
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Anonymous
Very good overview of the weekly steel market.
Anonymous