Significant increase in Iran's slab and billet export prices in recent weeks, steel producers are forced to offer more discounts to their customers, in which case FOB Iran lowers their prices. In addition, the dollar price exchange rate stability continues at 5,500 Toman. This price has effects on fluctuations in the steel market by the decreasing Billet price from 572 $/t to 550 $/t Fob and slab prices down to 550 $/t Fob from 555 $/t.
Billet and Slab export decreased in Iran
The fluctuations had an impact on export prices, and lowered Billet and Slab prices in the global steel market in Iran...
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