Iraq's tariffs could tip the balance as Iranian billet prices increase
Khuzestan Steel Company sold 80,000 tons of August-shipment billets at USD 430/t FOB. While other suppliers are offering within the USD 420–435/t range, IF-based producers are dipping below USD 400/t. However, Iraq’s newly implemented tax policy and increasing domestic industry investments may signal a challenging period for Iranian exporters.
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