Iran’s KSC Issues Tender for Sale of 30,000 MT Billet

Khouzestan Steel Company, one of the largest steel exporter of MENA invited bid for sale of 30,000 MT steel billet in Iran for mid/end Apr’18 shipment. The due date for bid submission is expiring today i.e. 19 Feb’18 till 18:00 hrs Iranian Standard Time via email.

Payment term as stated by company is 20% Cash advance payment and balance 80% has be paid Cash against Cargo readiness issued by seller prior to the loading.

Details:

 

Commodity Billet
Shipment Mid/End of April’18
Description Prime Con-cast Steel billet
Quality/Grade 3SP, 5SP, St-44, ASTM A36, SS400, ASTM A615 Gr.60, ASTM A615 Gr.60 as per KSC ‘s ability
Quantity 30,000 MT
Packing Loose

For contact details and other information view TENDER SECTION

As per market and company sources, last month’s export tender for export of 30,000 MT billet for mid Mar’18 shipment was concluded at around USD 510-515/MT FOB Iran. Destination for billet export tender is Gulf region.

KSC – Largest exporter of Semi-Finished Steel in Iran

Khouzestan Steel Company (KSC) was the largest exporter during first 10 months of current Persian year (21 Mar’17-20 Jan’2018), the company exported around 2.22 MnT steel during the period. The company witnessed a growth of around 46% Y-o-Y against 1.52 MnT steel exported last year same period.

Bloom has the major share in KSC’s export, the company exported 967,262 MT in current Persian year, registered a growth of 150% Y-o-Y. Another major product exported by KSC during the period were billet and slab. The company exported 675,919 MT and 580,714 MT respectively.


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