steel billet 5sp price today

The steel billet 5sp price, the production of the Khuzestan steel mill, which this steel billet export from iran, is based on the price of middle-iron products, such as the price of sponge iron.

The steel billet 5sp price, due to the fact that our country is a manufacturer and exporter of steel and iron products, is under the influence of fluctuations and conditions global market.

Steel billet prices

Khuzestan Steel Plant is one of the largest companies in the field of steel billet exports. The Khuzestan steel billets price FOB Bandar Abbas is determined based on the world steel billet price, and, of course, based on the costs of sales and exports.

The price of the product on the domestic market of Iran based on the Rial rate, taking into account the dollar exchange rate, will be determined on the basis of this steel billets price FOB Bandar Abbas. Also noteworthy is the price of steel ingot as the basis for pricing some of the crude steel products such as sponge iron on the stock exchange.

Global steel prices

The fluctuation of world steel prices directly affects the export price of Iranian steel (the price of the dollar). For example, in November 2018, the fluctuation of the price of steel in China on the steel market affected all of the countries active in the steel industry, including the Iran country, with a downward fluctuation.

Simurgh iron & steel company

Address: Iran, Tabriz & Esfahan
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