21
Jun
13:24
Iranian mills firm up August-readiness billet quotes
Amid low cargo availability, Iranian mills have firmed up their export billet tags without taking into account buyers’ intentions and bids at and below $485/tonne, Kallanish notes.
The country's sole blast furnace-route steelmaker Esfahan Steel Company's second-half-August-readiness billet tender was finalised last Friday at $493/t fob Iran for 30,000-40,000 tonnes. Induction and electric arc furnace-route mills have thereafter been targeting $5…
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Anonymous
Very good overview of the weekly steel market.
Anonymous