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13 Apr
12:48

Iran’s Chadormalu postpones billet tender following export tax

Iranian mills have been puzzled by the government's steel export tax implementation. One of the country’s leading mills, Chadormalu, has postponed its billet tender indefinitely, from the originally scheduled 13 April, Kallanish notes.  The company had planned to sell 33,000 tonnes of billet, with shipment in mid-June.  Last week, the electric arc furnace route steelmaker concluded a billet tender for a 30,000t cargo of 150mm 3sp gra…
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