Iranian Mills Target Billet Exports Amid Price Concerns

Steel & Metal

- Iran -

August 12, 2024

Iranian Mills Target Billet Exports Amid Price Concerns

Iran's Khouzestan Steel Company (KSC) is preparing to tender 20,000 to 50,000 tonnes of billets for export, with shipments scheduled for the second half of October and a bidding deadline of August 13.

KSC aims for a price of $472-475 per tonne FOB; however, traders view this as inflated due to declining prices in the Far East, especially China. Additionally, South Kaveh Steel Company is reportedly pursuing a separate 30,000-tonne export deal for mid-September shipments .

Iranian Mills Target Billet Exports Amid Price Concerns

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