Iranian steel billet exports declined

It has been reported that the export price of billet, which was in the range of $570-572 last month, will decrease this month. Iranian producers, who made various moves to strengthen in exports rather than the local market, tended to increase prices by 572 dollars in response to the demand. According to a Russian analyst's statement, Indians and Vietnamese have withdrawn with a $10 to $30 drop in their bids. In continuation of this trend, billet export prices delivery are below $560 per ton fob in April.