South East Asia Emerges as Largest Destination for Iranian Billet Exports

Iran one of the largest billet exporter in world has exported around 2,325,464 MT during first 8 months of current Persian year, registered a growth of 46% Y-o-Y. Major destination for Iranian billet were Thailand (573,155 MT), Indonesia (412,416 MT), UAE (292,860 MT), Italy (259,904 MT) and Taiwan (214,469 MT).

KSC was the largest exporter of billet and bloom in current Persian year, the company exported around 1,300,000 MT of billet and bloom during the period. South Kaveh Steel Company was also one of the major exporter of billet in current year, the company exported 458,000 MT in first 8 months of the year.

UAE, Major Iranian Slab Importer in Current Persian Year.

Iran exported around 1,900,000 MT of slab in first 8 months of current Persian year, registered a growth of 171% Y-o-Y against 701,000 MT exported last Persian year. Major destination for Iranian slab during the period were UAE (583,581 MT), Thailand (363,451 MT), Amman, Jordan (349,695 MT) and Egypt (204,086 MT).

Major exporters of slab during the period were Khouzestan Steel Company (KSC) and Hormozgan Steel Company (HOSCO). KSC being the largest exporter of semi-finished steel has exported around 431,957 MT slab during the period. On parallel line HOSCO exported around 777,897 MT in current Persian year.

KSC Billet and Slab Export Tender Bid Closed

Khouzestan Steel Company (KSC) had invited tender for export of 30,000 MT billet and 40,000 MT slab for early Mar'18 and Feb'18 shipment respectively. The due date for bid submission closed on 27 Dec'17.