Iran Slab Export Rises Remarkably by 134% in Current Persian Year

Iran one of the largest exporter of semi-finished steel in world has exported around 2,032,000 MT of Slab during the first nine months of current Persian year (21 Mar-21 Dec’2017), registered a growth of 134% Y-o-Y against 867,000 MT in last Persian year. Major exporters of slab during the period were Khouzastan Steel Company which exported around 499,452 MT and HOSCO with total export of 851,138 MT in current Persian year.

Capture

Billet and bloom export went up by around 52% Y-o-Y. The nation exported 2,582,000 MT billet and bloom in current Persian year against 1,698,000 MT exported in last Persian year. Major exporters of billet and bloom were KSC which exported around 613,242 MT billets and 861,726 MT blooms. South Kaveh steel exported around 548,000 MT billet in current Persian year.

DRI export increased remarkably by around 400% Y-o-Y, the nation exported around 517,000 MT DRI in current Persian year against 105,000 MT exported in last Persian year.

Flat product export decreased significantly in current Persian year. HRC exports were down by 55% Y-o-Y in current Persian year. The nation exported around 440,000 MT in current Persian year against 978,000 MT exported in last Persian year. On parallel lines, the nation exported 8,000 MT CRC in current Persian year, registered a downfall of 94% Y-o-Y.

Export of Rebar witnessed a growth of 33% in 9 months of current Persian year. The nation exported 204,000 MT of rebar in current Persian year against 153,000 MT exported in previous year. Export of wire rod increased by around 300% in current Persian year. The nation exported 193,000 MT in current Persian year against 47,000 MT. The nation exported 129,000 MT of beam in current Persian year, registered a downfall of 19% Y-o-Y.

ESCO was the major long steel exporter during the current Persian year. Rebar export by the company was noted to be around 115,451 MT, beam and coil exported during the period was 80,343 MT and 48,589 MT respectively. Khorasan Steel Company exported 81,623 MT of rebar during the period.

 

Export

 

Production

 
Products

First 9 Months of last Persian Year

First 9 Months of current Persian Year

Y-o-Y

First 9 Months of last Persian Year

First 9 Months of current Persian Year

Y-o-Y

Beam

             159,000

             129,000

-19%

             784,000

             765,000

-2%

Rebar

             153,000

             204,000

33%

          4,982,000

          4,601,000

-8%

Wire Rod

                47,000

             193,000

311%

N/A

N/A

HRC

             978,000

             440,000

-55%

          5,259,000

          5,751,000

9%

CRC

             131,000

                  8,000

-94%

          1,355,000

          1,753,000

29%

Coated Sheet

                23,000

                45,000

96%

             797,000

          1,133,000

42%

Other Steel

                28,000

                56,000

100%

             269,000

             628,000

133%

Billet and Bloom

          1,698,000

          2,582,000

52%

          7,282,000

          8,531,000

17%

Slab

             867,000

          2,032,000

134%

          6,550,000

          7,542,000

15%

DRI

             105,000

             517,000

392%

       13,585,000

       16,539,000

22%

Source: ISPA
Quantity in MT
Inputs taken from Chilan Online and Financial Tribune

HOSCO and KSC Sold Slab in IME

KSC offered 40,000 MT slab in IME and sold 37,950 MT for IRR 19,500/KG on 08/01/2017. Whereas HOSCO sold 30,000 MT slab in Iran mercantile exchange at IRR 19,050/KG on 09/01/2018.


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