13
Dec
14:37
Iranian rebar price fades, billet dips, Iraq stable
Iranian longs export prices are falling drastically, Kallanish finds. At the begininng of last week billet was offered at $575/tonne. However prices started to fade last Wednesday to $560/t and Monday to $540/t, all based on fob shipment.
Two billet transactions have been heard during the last three days. Induction furnace 130mm 4sp billet for 10,000t at $542.5/t and electric arc furnace 130mm 3 sp grade billet at $540/t both fob and end-January shipment. The dest…
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Anonymous
Very good overview of the weekly steel market.
Anonymous