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Steel billets are semi-finished products, essential for manufacturing final steel goods like rebar, beams, and sheets. Produced via melting, refining & casting (billet, bloom, slab), their quality & price critically impact construction, automotive & other
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Pellets are one of the most important raw materials in the steelmaking process. They are made from processed iron ore and play a key role in improving the performance of blast furnaces and direct reduction furnaces.
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Essential for reinforcing concrete, rebar counters its tensile weakness. Iran's GOST-based standards (A1-A4, S240-S520) specify bars by strength & deformation (plain/ribbed). A1 is ductile, A3/A4 high-strength, each suited for different applications.
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Steel sheet is a vital material, mainly produced by hot rolling (black sheet) and cold rolling (oiled sheet). Black sheet is the base for derived types like galvanized and colored. Understanding their distinct properties, applications, and forms (roll, sh
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Hot Briquetted Iron (HBI) is a type of dense Direct Reduced Iron (DRI) with high density. HBI is produced by compressing hot DRI and is safer for transportation. It is used in steel production.
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The steel raw materials market is consolidating. Lower iron ore prices are supported by Chinese demand, but rising sea freight rates and Australian port strike risks could increase market volatility in the near term.
The global steel market saw mixed trends; prices rose in the US while fluctuating in China. Iran’s steel output fell by 2.7%, with potential winter energy shortages being the main domestic challenge. autorenew thumb_up thumb_down
Steel Market Update: China sentiment improves amid strong exports, though prices ease slightly. Iron ore holds near $100/t. Coking coal rises, scrap dips. US trade policy news noted. Iran billet market sees auction/price disconnect. China-Vietnam infra deal.
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