Iranian flat steel mill to hold export tender for October production

SteelOrbis has learned from market sources that an Iranian flat steel mill has announced a new export tender for its October production hot rolled coils and sheets (HRC/HRS). The producer's volume quotas in this tender are as follows: 10,000 mt for HRC and 5,000 mt for HRS. In its last flats tender the producer concluded HRC sales at the level of $600/mt FOB, while in its new tender the producer's aim is to sell at higher prices.