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| Iran Steel billet market trend in Week-41, 2013 |
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| KWK Steel Co.,Ltd. Time:2013-10-14 |
Billet market was almost stable during last week in Iran. Billet size 150 mm was offered at USD696/mt on truck in Anzali including 6% VAT and custom duty, which was unchanged by end of the week.
Billet supply level has declined obviously in Iran but long products market is depressed, so lack of demand won’t let billet price to fluctuate. |
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