SteelOrbis has been informed that CIS origin billets were offered for export to Iran at the level of $725/mt CFR Anzali port for late March-April shipment.
The CIS billet price offer levels to Iran have increased considerably since the beginning of the year due to the rising price of billet worldwide and also due to the limited supplies currently offered to the region on account of the bad weather conditions in the Caspian Sea region which are obstructing shipments.