Is Iran the new China for steel billet?

摘要

Iranian steel billet has been quietly gaining market acceptance in Southeast Asia because of its low prices, just as it happened with China-origin product a few years ago, but can it dominate the region? In the past several months, transactions involving Iranian billet had been concluded on and off in Southeast Asia - the world's largest import region for the semi-finished steel product - at $10-15 per tonne below prices of cargoes of other origin.