Khouzestan Steel Company (KSC) – Iran’s largest steel exporter had invited tender for export of 30,000 MT billet for early November shipment.
The Steel billet Offered Was Of Size 130*130 mm/or 150*150 mm and of grade 3 SP, 5 SP (ASTM A36, SS 400 ASTM A615 Gr 40, ASTM A615 Gr 60).
Bid submission due date for the same was 22 Sept’17 at 18:00 hrs as per Iranian local time.
According to the update received the company received participation from around 15 companies and KSC is eyeing for price level of USD 520/MT, FOB Iran. However the tender has not been concluded yet.
As per sources, one of the reason behind the tender getting delayed is appointment of new Managing Director (MD) in the company along with softening market sentiments in global market. Mr Keshani has now taken up the charge of MD. Prior to this Mr. Modares Khiabani was holding the charge of MD.
According to market sources report to Steel Mint, company’s slab (of grade SS400 and/or SAE 1008 and S235) export tender for 40,000 MT for October shipment received participation from around 12 Companies and the company is looking up for price level of USD 500/MT, FOB.
Source Steel Mint powered by Keyvan Jafari Tehrani (JTC)
