19
May
07:26
Iranian mills postpone billet tenders over low bids
Iranian mill Sisco's billet export tender has been postponed since the highest bids were lower than the mill's expectations. On the other hand, the country's sole blast furnace route steelmaker, Esfahan Steel Company (Esco), has launched a mid-June delivery 20,000-tonne billet tender to be finalised by 23 May at 16:00 Tehran time, Kallanish notes.
Sisco’s 30,000t billet tender, which received the highest bid at $570/tonne fob …
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Anonymous
Very good overview of the weekly steel market.
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