The global price of steel ingots, currently on 24 March 2019 in the global index, is on the price ceiling for the past few months. Despite the relative decline in iron ore prices over the past week, the upward fluctuation in steel billet prices and steel slab prices continues. Last week, world iron ore prices (third week of March 2019) As we mentioned in the previous article (magnetite iron ore concentrate sales – export load – 30,000 tons of fob delivery in Bandar Abbas), the declining trend was due to recent events in Brazil. For more information on the growth of Superb Steel billets sales in recent years, visit our site.
How Superb Steel billets are made?
High exports of magnetite iron ore from Iran and, of course, hematite caused the Iranian iron and steel market to be affected by global market fluctuations. Therefore, the fluctuation in iron ore prices in early 2019 due to the critical conditions and force majeure created for large companies that produce and export iron ore such as Brazilian Vale, had an impact on the iron ore prices in the market of consuming countries. Like China and exporters.
The most important export destination of Iranian iron ore is China. Inventory shortages at Chinese ports, due to the declining exports of Brazilian companies Valerio, Rio Tinto and BHP, led to an increase in iron ore and hence steel product prices. The increase in prices in the Chinese market caused the Iran iron ore price to enter a growth trend. Both grades of magnetite iron ore Simorgh Steel Complex can be supplied to FOB Bandar Imam delivery or to the mine. As you know, the price of transportation from Bandar Imam to the main ports of China is about two dollars higher than the cost of transportation from Bandar Abbas to Chinese ports. Therefore, FOB Bandar Imam announced that the price of magnetite iron ore is about two dollars lower.
Iron ore is processed and supplied in granular form or in the form of iron ore concentrate and pellets. All three forms of iron ore are offered under the stone name, so most of the price fluctuations in these three products are parallel. In fact, since the beginning of 2019, we have witnessed increasing price fluctuations for three types of iron ore, namely granulated iron ore, iron ore concentrate and iron pellets. After being shipped to the factory, iron ore containing coke and lime in the furnace is converted into raw iron or cast iron. The crude iron in the converter is converted into molten steel, and crude steel is obtained by separating impurities such as carbon with oxygen during the processes.
Raw molten steel is transported to foundry centers and poured into various molds to obtain various forms of rolled steel. All these steps must be completed to prepare steel blooms, and the quality of the raw materials and processes performed plays a major role in the quality of the finished blooms produced. Bloom, also known as ingots, is one of these products with a square or rectangular cross section and produced in lengths of more than 2 meters. The cross-sectional area of this product is less than 230 cm2, but not less than 225 cm2. For more information steel billets price on visit our site.
Sales growth of Superb Steel billets in recent years
Sales growth of Superb Steel billets in recent years is very good and suitable because this product has many applications and has been exported to other countries. Therefore, you can visit our site for more information about stainless steel billets.
You can contact us to buy and sell this product:
Sales consultant: Ms. Leila NematzadehWays of communication:
Phone number: 02147623014
Phone number: 04133660491
Phone number: 09120169267
WhatsApp Response (Skype): click