01
Nov
16:08
Iranian billet prices slide as war triggers uncertainty
Iranian export billet prices have fallen on weak domestic fundamentals, and war-caused uncertainty. The war in Palestine risks spilling over.
This week, billet tenders are expected to be finalised from Yazd Alloy Steel for December delivery of 10,000 tonnes, from ESCO for January readiness of 25,000-30,000t, and from KSC for a sizable tonnage, Kallanish learns from the market sources.
However, some mills prefer to sell billet to export markets through the Iran Me…
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Anonymous
Very good overview of the weekly steel market.
Anonymous