Iran: KSC concludes 30,000mt billet export deal
Jan 17, 2020 10:00
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Khouzestan Steel Company (KSC) - one of the leading exporters of Iran has concluded a billet export deal of quantity recently. The deal quantity is of 30,000 MT for size 150*150 mm, 5sp grade for Mar’20 shipment. As per market sources, the company has concluded the deal to South East Asia. The deal value was reported to be around USD 400/MT, FOB Iran.
Iranian billet export market remained silent due to escalated political
tensions with U.S. SteelMint’s billet export assessment for Iran stands at USD
395-400/MT, FOB Iran. Global scrap market sentiments and CIS billet export
sentiments have slightly inched down this week.
Financial Tribune, semis production of heavyweight steel producers was recorded
at 15.39 MnT