22
Mar
12:54
Iranian billet exporters cut bids on Asia sentiment
Billet exporters, in close collaboration with Iranian mills, have lowered their bids for the upcoming export tenders.
This week, Khouzestan Steel (KSC) is holding a highly competitive billet export tender. Potential bidders are mulling bids at $465-470/tonne fob Iran, a decrease from the $481/t fob closed by steelmaker Chadormalu in a tender the previous week. The $465-470/t fob bid level is more in line with the Far East market, especially considering that Indone…
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Anonymous
Very good overview of the weekly steel market.
Anonymous