Iran, one of the largest billet exporter in MENA region is currently facing economic sanctions from US, owing to which the steel export has affected badly. Iran has exported 1,806,000 MT billet and bloom during the first seven months of current Persian year (21-Mar till 22-Oct’18).
News ID: 2927 Publish Date : 2018/12/16
Chinese mills have resumed billet exports owing to falling prices in domestic market, but we do not see volumes to reach 2015 levels.
News ID: 2859 Publish Date : 2018/12/09
Steel Authority of India (SAIL), an India state owned steel mill, has cancelled 16,200 MT billet export tender which bid due date was on 3rd Dec'18, SteelMint learned from market sources.
News ID: 2829 Publish Date : 2018/12/07
Chinese billet prices notice stability after a sharp fall. Domestic prices increased by RMB 60 ($9) in last two days.
News ID: 2780 Publish Date : 2018/12/02
Chinese billet prices corrected by around Yuan 800/MT ( USD 115) in last one month making it to hit 18 months low.
News ID: 2728 Publish Date : 2018/11/28
Billet imports to the Thailand reported a decline of 10.50% M-o-M in Sep'18 after hitting 20 months high in Aug'18, the trade statistics released by the custom reported.
News ID: 2581 Publish Date : 2018/11/11
Iran, one of the largest billet exporter in MENA region has exported 1,790,224 MT billet and bloom during the first five months of current Persian year (21-Mar till 22-Aug’18).
News ID: 2504 Publish Date : 2018/11/06
Billet Imports in Turkey plunged by around 15% M-o-M in Aug’18 & recorded four-months low, as per the recent released data by Turkey's custom showed.
News ID: 2385 Publish Date : 2018/10/08
This week Chinese steel market witnessed slowdown in trades and downtrend in domestic steel prices amid bearish sentiments prevailing in domestic market ahead of National day holiday. Also tedious buying from overseas buyers have kept export offers on lower side.
News ID: 2363 Publish Date : 2018/10/04
As per SteelMint assessment, domestic rebar prices in Bangladesh have slightly fallen on weekly basis. Slight price corrections were made by medium scale mills by BDT 500-700/MT (USD 6-8.5) amid limited trade volumes.
News ID: 2362 Publish Date : 2018/10/04
Supply of Sponge iron which is the key fuel for standalone EA or Induction furnaces in India, has witnessed gradual increase amid clear weather supporting sponge production along with improved logistics of raw materials i.e. Iron ore, pellets & coal.
News ID: 2320 Publish Date : 2018/10/01
Recently the Ministry of Industry, Mine and Trade suspended the rule of keeping an upper limit of steel price in Iranian Mercantile Exchange i.e. big steelmakers were required to sell their products to authorized buyers in IME with a fixed price of FOB CIS x IRR 42,000.
News ID: 2246 Publish Date : 2018/09/24
As per latest released data by Indian customs, India's billet exports dipped by 45% in July on monthly premises. The reason behind the sharp fall in exports is sky high in Indian domestic Billet prices during Jun-Jul'18.
News ID: 2244 Publish Date : 2018/09/24
The Iranian government has asked domestic steel mills to allocate more billets to the domestic market where demand has increased significantly, informed sources in Tehran said on Thursday.
News ID: 1193 Publish Date : 2017/08/19
Steel Dynamics Structural and Rail Division chooses Danieli technology to produce added-value spooled coils in endless mode
News ID: 1191 Publish Date : 2017/08/17
Iranian billet exporters achieved a considerable increase in exports over the past few weeks, mainly supported by the uptrend in the Commonwealth of Independent States semis segment.
News ID: 1030 Publish Date : 2017/03/19
Khorasan Steel Complex is in the final stage of a production expansion project and on its way to commission its second steelmaking unit.
News ID: 989 Publish Date : 2017/02/20
Iran’s Kish South Kaveh Steel, otherwise known as SKS, which entered the merchant billet market at the end of 2015, intends to reach higher utilization by focusing on exports.
News ID: 914 Publish Date : 2017/01/25
Billet sellers from Iran are still able to find a buyer in the Persian Gulf states amid uncompetitive prices from China.
News ID: 874 Publish Date : 2017/01/16
Iranian private steelmakers exported 2.56 million tons of crude steel during the nine months ending December 20, recording a 118% upsurge compared with last year’s corresponding period.
News ID: 864 Publish Date : 2017/01/14