80822
Iranian Billet, Slab Export Prices Strengthen
Iranian Billet, Slab Export Prices Strengthen

Iranian Billet, Slab Export Prices Strengthen

Iranian Billet, Slab Export Prices Strengthen

Iranian export billet and slab prices strengthened over the week that ended on Wednesday due to renewed bookings. Metal Bulletin’s weekly price assessment for Iranian export billet was $508-510 per ton FOB on Jan. 24, against $500-510 per ton FOB a week earlier, Metal Bulletin reported. Khouzestan Steel Company, the country’s largest billet exporter, was seeking $515-520 per ton FOB in its latest tender, but deals were closed within the range of $508-510 per ton FOB. The destination for the booked volumes was said to be Persian Gulf states. The Iranian material was reportedly offered to Thailand at $540 per ton CFR late last week, but the offer found no takers due to competition from lower-priced offers from China and India. The assessment of the Iranian export slab price rose by $20-25 per ton over the week, to $510 per ton FOB on Jan. 24. The country’s largest slab exporter, Mobarakeh Steel Company, was reportedly selling material at $510 per ton FOB in its latest tender. Southeast Asia and North Africa were said to be its destinations.

 

Short URL : https://goo.gl/rgmdF3
  1. https://goo.gl/soKmuN
  • https://goo.gl/sjtKqa
  • https://goo.gl/8761ea
  • https://goo.gl/cMFDTG
  • https://goo.gl/FrnCsD

You can also read ...

Guidance Forum for Startups
The local accelerator Novintech is set to hold a Q&A...
Fresh Forex, Gold Coin Rally in Tehran Market
After a period of calm, the US dollar is once again surging in...
SpaceX founder Elon Musk says block 5 boosters should be able to fly 50 to 60 times with minimal refurbishment between flights.
Lighting up the deep overnight sky, a SpaceX Falcon 9 rocket...
Iran, Iraqi Kurdistan to Set Up  Industrial Town Along Border
The construction of an industrial city will soon start near...
Isfahan Airport to Increase Plane Parking Capacity
Isfahan International Airport’s parking project has started...
Iran-Europe Business Center Hosts Talks in Berlin to Foster Tech Ties
A meeting has been held between Iranian and European startups...
Seafood Exports Earn $50m in 2 Months
About 16,000 tons of seafood worth close to $50 million were...
Only 2% of Iranian Production  Units Have R&D Departments
From around 98,000 economic and industrial production units,...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus