Iran's Graphite Electrode Import from India Hit All Time High in Dec'18
During Aug’18 sanctions, India halted export of GE to Iran, but in Dec’18, Iran imported around 2,000 MT GE which hit all-time high in CY’18.
Iran, one of the largest steel producer in MENA is has imported 109,331 MT graphite during CY’18 (Jan-Dec’18). As per the data released by Iran customs department, the import of GE witnessed a growth of 25% Y-o-Y against 87,480 MT imported during CY’17.
Many graphite electrode exporters have resumed their export to Iran after almost a halt of 2-3 months. China was the major exporter of GE to Iran, the nation exported around 79,671 MT GE to Iran during CY’18 (Jan-Dec’18) by registering a growth of 25% Y-o-Y.
Iran accounted 73% of its GE from China and 10% each from India and Germany. The nation imported 11,089 MT GE from Germany during CY’18 by registering a growth of 120% Y-o-Y against 5,059 MT imported in CY’17.
India was the third largest supplier of GE to Iran. The nation imported 10,647 MT from India in CY’18. During Aug’18 sanctions, India had halted export of GE to Iran, but in Dec’18, Iran imported around 2,000 MT GE which was the all time high quantity of GE imported from India in CY’18.
Other major suppliers to Iran during the period were Spain (3,189 MT), Japan (2,269 MT) and UAE (1,420 MT).
According to Mr. Keyvan Jafari Tehrani, owner of JTC Company Iran, “Currently Iranian steelmakers are preferring China’s FANGDA graphite electrodes along with other Chinese origin GE. However, there is a good scope for Indian origin GE in Iran. It is believed that the increase of Indian GE in Iran will proportionally reduce the GE imports from China to some level, as a lot of local Iranian steelmakers prefer to use Chinese GE.”
He added, “Iranian steelmakers look to have barter trade with India, they are looking on the possibilities of exporting their raw materials and steel products to India against the GE import from India.”
source: SteelMint
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Gold loses some luster after Trump’s decisive win
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Russia takes aim at US nuclear power by throttling uranium
Families gather at South African mine shaft where hundreds are feared stuck underground
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
Chile’s rare salt flat fish faces threat from lithium mining project
My name is JohnYang.hope you everything goes well.we are manufactuer,and our main products is graphite electrodes.
We are most professional graphite electrode maunfacturing in china,Having exported Regular power graphite electrode
(RP), High power graphite electrode (HP) ,Ultra high power graphite electrode (UHP) for many years.
We are the biggest plant in our area,and last year we have exported over 30000 ton graphite eletrodes.Any inquiry please contect me.
Sincerly hope we can have a cooperation,looking forward your reply soon.
Best regards
Yang
LINZHANG COUNTY MOLONG CARBON CO.,LTD
HEBEI QINYUAN NEW MATERAIL TECHONOGY .,LTD.
Mobile:+86 15133050919
Email:yangpengwei851015@163.com , John@qinyuantech.com
wechat:+86 15133050919
QQ:515418688