Price difference between Iran’s billet on FOB term and #billet of #CIS has reduced to 17$ from 55$ on January! Due to the #US_sanctions against Iran, 17$ difference is acceptable.

Last week the #steel_price of Iran in export markets was reported firm. #Iranian_steelmakers have fully booked for October shipments and are in negotiations for November deliveries so they do not have to offer discounts.

It is well noting that the fall of #iron_ore_price is #international_markets will influence the #global_steel_markets including Iran’s #steel_price in near future.

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