- Write by:
-
Wednesday, July 11, 2018 - 4:36:08 PM
-
1247 Visit
-
Print
Mining News Pro - Khouzestan Steel Company (KSC) - Iran’s largest steel exporter had invited tender for export of 30,000 MT billet and 40,000 MT slab. The tender floated was for mid Sep’18 and Aug’18 shipment respectively for which the due date for bid submission was 06 Jul’18 till 18:00 hrs.
As per market sources, export tender for billet was concluded at USD 500-505/MT FOB Iran and the cargo is likely to be shipped to GCC region. On parallel lines export tender for slab has been concluded at USD 500-505/MT FOB Iran. Slab is likely to be shipped to Far East Nation.
In another deal learned, Iran`s South Kaveh Steel reportedly sold billet last week at around USD 504/MT, FoB levels.
Details of tender floated by KSC
Details | Slab | Billet |
Shipment | Mid Aug’18 | Mid Sep’18 |
Description | Prime Con-cast Steel Slab | Prime Con-cast Steel billet |
Quality/Grade | SS400 and/or SAE1008 and/or S235 according to standard Specifications and K.S.C ability | 3SP, 5SP, St-44, ASTM A36, SS400, ASTM A615 Gr.40, ASTM A615 Gr.60 as per K.S.C ability |
Quantity | 40,000 MT +/- 10 PCT at Seller option. | 30,000 MT +/- 10 PCT at Seller option. |
Packing | Loose | Loose |
Global billet market overview:
1. CIS billet export price assessment has remained stable this week at around USD 505-510/MT, FoB Black Sea
2. Chinese billet export price assessment is around USD 510-515/MT, FoB levels.
Short Link:
https://www.miningnews.ir/En/News/211406
Mining News Pro - In the first 10 months of this year, Khuzestan Steel Company has been the largest supplier of steel ...
Mining News Pro - Khuzestan Steel Sales Vice President said: From the beginning, we did not have 20% tax for the export ...
Mining News Pro - Khuzestan Steel Company has registered a very successful performance in the first 8 months of this ...
Mining News Pro - Asghar Rashnoudi, General Director of Cooperative, Labor and Social Welfare Department appreciating ...
Mining News Pro - The CEO of Khuzestan Steel Company, said: "The culture of consumption in our company should be ...
Mining News Pro - Khuzestan Steel Company has performed very well in the first 3 months of this year in terms of ...
Mining News Pro - Amin Ebrahimi said that the resilience of the country's steel industry has reached an alarming limit ...
Mining News Pro - The construction plan of Electric Arc Furnace No. 7 with the production capacity of one million and ...
Mining News Pro - The 36th meeting of the follow-up committee for environmental projects of Khuzestan Steel Company was ...
No comments have been posted yet ...