Iran: KSC concludes a combined 60,000 t of billet and slab export deals
Iran's leading steel exporter Khouzestan Steel Company (KSC) has reportedly concluded a 30,000 t billet export tender and another slab export tender for the same volume of material, sources informed SteelMint. The billet tender was concluded at $690/t FoB, for June '21 shipment, with China being the likely destination. The slab tender was heard concluded at $780/t FoB. SteelMint's bi-weekly assessment for Iranian billets, published on 21 May '21, stands at $685-690/t, FoB.