30
Aug
11:45
Iranian mills' billet price hikes face challenges
Amid low cargo availability in September, Iranian mills have raised their October-readiness billet export target price to $470-475/t fob, taking Esfahan Steel's (ESCO) latest billet tender, which closed at $475/t fob last week, as a benchmark. However, in Iran's major semis market, the Far East, due to macroeconomic challenges and low demand, Indonesian local billet prices softened to and below $490/t fob Indonesia.
The rebar buying price in Singapore…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous