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Iranian semi-finished steel prices slide; more price cuts likely

Thursday, August 29, 2019
Source:ferro-alloys.com

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Keywords:semi-finished steel, price

[Fellow]Iranian export prices for steel billet and slab slipped in the week ended Wednesday August 28.

[Ferro-Alloys.com] Iranian export prices for steel billet and slab slipped in the week ended Wednesday August 28 amid a general downtrend in the global steel market as well as pressure from customers, with bids placed at lower levels on the lack of trading activity for finished steel.

Iranian billet was available to foreign customers for around $375-380 per tonne fob, down from $385-387 per tonne fob a week earlier. (Metalbulletin)

[Editor:kangmingfei]

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