02
May
15:44
Iranian billet/semis exports surge, steel use declines
Iranian billet exports crashed through the 2 million tonnes barrier in the Iranian year through 20 March 2017, while soaring slab shipments took overall Iranian semi-finished product exports to 3.7mt.
Twelve-month Iranian billet exports rose 27% on-year to 2.16mt and slab shipments abroad ballooned 1,693% to 1.58mt, according to newly-released Iranian Steel Producers Association data monitored by Kallanish. Export demand offset an -8% decline in domestic ap…
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Anonymous
Very good overview of the weekly steel market.
Anonymous