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Iran's Bulk Billet Export Rises by 10% in Sep'17-Vessel Line up Data

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14 Oct 2017, 11:58 IST
Iran's Bulk Billet Export Rises by 10% in Sep'17-Vessel Line up Data

As per vessel line up data maintained with SteelMint, Iran an emerging steel producer country has witnessed rise in its bulk Billet Exports in Sep'17.The country exported 273,500 MT bulk Billet in Sep'17 against 247,500 MT bulk Billet exports in Aug'17.The rise of 10% M-o-M has seen in its exports in Sep'17 against bulk Billet exported in Aug'17.

UAE's Bulk Billet imports more than doubled from Iran in Sept'17 -

United Arab Emirates emerged as the largest importer for bulk Billet exports from Iran in Sept'17.UAE imported 70,000 MT bulk Billet, up by 103% against 34,500 MT Billet imports in Aug'17.In line with this, Indonesia imported 70,000 MT bulk Billet which was nil in Aug'17. Other major importers for Iran's bulk billet were Sudan (35,000 MT), Oman (28,500 MT) and Jordan (20,000 MT) respectively in Sept'17.

During two months period Aug-Sept'17, Iran exported total 521,000 MT bulk Billet. UAE imported highest 104,500 MT bulk Billets from Iran occupying 20% share of total bulk Billet exports followed by other major importers Oman (82,500 MT), Indonesia (70,000 MT), Thailand (45,000 MT) and Sudan (35,000 MT) respectively.

India imported 10,000 MT bulk Billet from Iran in Aug'17.

Country-wise Iran bulk Billet exports -

Country Sept'17 Aug'17 M-o-M % Change Aug-Sept'17 Total
United Arab Emirates 70,000 34,500 +102.90% 104,500
Oman 28,500 54,000 -47.22% 82,500
Indonesia 70,000 - - 70,000
Thailand - 45,000 - 45,000
Sudan 35,000 - _ 35,000
Jordan 20,000 - - 20,000
India - 10,000 - 10,000
Others 50,000 104,000 -51.92% 154,000
Total 273,500 247,500 +10.51% 521,000

Quantity In MT
Source: SteelMint Stats, JTC (Iran)
Provisional Data

However, Steel Slab exports from Iran fell marginally by 5% M-o-M with 106,800 MT exports in Sept'17 against 112,500 MT Steel Slab exports in Aug'17.

Iran exported total 219,300 MT steel slab during two months Aug-Sep'17, Thailand remained the largest importer with 90,500 MT steel slab imports from Iran followed by Italy, Israel and India.

Country-wise Iran steel slab exports -

Country Sept'17 Aug'17 M-o-M % Change Aug-Sept'17 Total
Thailand 50,000 40,500 +23.46% 90,500
Italy 40,000 _ _ 40,000
Israel _ 20,000 _ 20,000
India 10,000 _ _ 10,000
Indonesia 6,800 _ _ 6,800
Others _ 52,000 _ 52,000
Total 106,800 112,500 -5.07% 219,300

Quantity In MT
Source: SteelMint Stats, JTC (Iran)
Provisional Data

Iran Irans Bulk Billet Export Rises by 10% in Sep'17 Vessel Line up Data

In H1-CY17 Iran has exported around 3.54 MnT of semi-finished and finished steel, as per an estimation during the PY17-18, the nation will export around 7.5 MnT of semi-finished and finished steel. Around 5.25 MnT of semi-finished and 2.25 MnT of finished is expected to be export by the nation.

In the last PY16-17, Iran exported 5.53 MnT of semi-finished and finished steel. The nation exported around 3.74 MnT of semi-finished and 1.79 MnT of finished steel last year.
Thailand, UAE and Taiwan were among the top destinations for Iran steel exports in PY16-17.

 

14 Oct 2017, 11:58 IST

 

 

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