{"id":1687,"date":"2017-10-12T16:23:02","date_gmt":"2017-10-12T16:23:02","guid":{"rendered":"http:\/\/kjtehrani.com\/en\/?p=1687"},"modified":"2017-10-12T20:30:59","modified_gmt":"2017-10-12T20:30:59","slug":"iranian-billet-exports-may-increase-significantly-as-currency-depreciates","status":"publish","type":"post","link":"https:\/\/kjtehrani.com\/en\/iranian-billet-exports-may-increase-significantly-as-currency-depreciates\/","title":{"rendered":"Iranian Billet Exports may Increase &#8216;Significantly\u2018 as Currency Depreciates"},"content":{"rendered":"<p style=\"text-align: justify;\">Exports of billets and steel from Iran may increase significantly on falling Iranian rial against US dollar. Iranian currency has depreciated about 5% in last one week from 38,800 per USD to 40,400 per USD and expected to fall more as US president is likely to decertify Iran&#8217;s nuclear deal this Friday.<\/p>\n<p style=\"text-align: justify;\"><strong>Iran domestic billet prices increase by $30-40\/t <\/strong><\/p>\n<p style=\"text-align: justify;\">Falling currency&#8217;s impact is quite noticeable on domestic steel prices. Recently Iranian domestic billet prices have seen an decrement of about $20\/t on expectations that exports will catch up fast. According to local traders domestic billet prices have increased from $430-440\/t to $470-480\/t on ex-mill bases (incld VAT of 9%).<\/p>\n<p style=\"text-align: justify;\">&#8220;There is high possibility that Iran billet makers would want to explore global market in a big way owing to higher realizations. There is also a possibility that exporters may cut down offers to attract more buying interest. Although biggest challenge remains the sanctions, which has limited acceptability for Iranian billet\u201c said an exporter based in Tehran, Iran.<\/p>\n<p style=\"text-align: justify;\"><strong>Iran Billet Exports<\/strong><\/p>\n<p style=\"text-align: justify;\">Iran plays an important role in defining global billet prices because of rising exports. Iranian steel billet has been gaining market acceptance in SE Asia (largest importing region of billets) because of low prices and good quality.<\/p>\n<p style=\"text-align: justify;\">Major Iranian steelmakers exported 3.54 million tons of semi-finished and finished steel products during the first half of the current fiscal year (March 21-Sept 22), registering a 32% growth compared with last year&#8217;s corresponding period. Market players are closely watching this situation as this could prove a defining factor for seaborne billet market.<\/p>\n<p><strong>Source Steel Mint powered by Keyvan Jafari Tehrani (JTC)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Exports of billets and steel from Iran may increase significantly on falling Iranian rial against US dollar. Iranian currency has depreciated about 5% in last one week from 38,800 per USD to 40,400 per USD and expected to fall more as US president is likely to decertify Iran&#8217;s nuclear deal this Friday. Iran domestic billet [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28,21],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Iranian Billet Exports may Increase &#039;Significantly\u2018 as Currency Depreciates - Keyvan Jafari Tehrani<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kjtehrani.com\/en\/iranian-billet-exports-may-increase-significantly-as-currency-depreciates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Iranian Billet Exports may Increase &#039;Significantly\u2018 as Currency Depreciates - Keyvan Jafari Tehrani\" \/>\n<meta property=\"og:description\" content=\"Exports of billets and steel from Iran may increase significantly on falling Iranian rial against US dollar. Iranian currency has depreciated about 5% in last one week from 38,800 per USD to 40,400 per USD and expected to fall more as US president is likely to decertify Iran&#8217;s nuclear deal this Friday. Iran domestic billet [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kjtehrani.com\/en\/iranian-billet-exports-may-increase-significantly-as-currency-depreciates\/\" \/>\n<meta property=\"og:site_name\" content=\"Keyvan Jafari Tehrani\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-12T16:23:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-10-12T20:30:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kjtehrani.com\/en\/wp-content\/uploads\/2017\/10\/3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"552\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/kjtehrani.com\/en\/iranian-billet-exports-may-increase-significantly-as-currency-depreciates\/\",\"url\":\"https:\/\/kjtehrani.com\/en\/iranian-billet-exports-may-increase-significantly-as-currency-depreciates\/\",\"name\":\"Iranian Billet Exports may Increase 'Significantly\u2018 as Currency Depreciates - Keyvan Jafari Tehrani\",\"isPartOf\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/#website\"},\"datePublished\":\"2017-10-12T16:23:02+00:00\",\"dateModified\":\"2017-10-12T20:30:59+00:00\",\"author\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/3c8615bec78fb52c1476c9987e23179d\"},\"breadcrumb\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/iranian-billet-exports-may-increase-significantly-as-currency-depreciates\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/kjtehrani.com\/en\/iranian-billet-exports-may-increase-significantly-as-currency-depreciates\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/kjtehrani.com\/en\/iranian-billet-exports-may-increase-significantly-as-currency-depreciates\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/kjtehrani.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Iranian Billet Exports may Increase &#8216;Significantly\u2018 as Currency Depreciates\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/kjtehrani.com\/en\/#website\",\"url\":\"https:\/\/kjtehrani.com\/en\/\",\"name\":\"Keyvan Jafari Tehrani\",\"description\":\"Personal Website\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/kjtehrani.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/3c8615bec78fb52c1476c9987e23179d\",\"name\":\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b29d20fbd9fa444ac77fbfcdbddba504?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b29d20fbd9fa444ac77fbfcdbddba504?s=96&d=mm&r=g\",\"caption\":\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\"},\"description\":\"Keyvan is the owner and CEO of Jame Tejarat Company (JTC) since its establishment in 2002. He has been exporting minerals and steel value chain products especially iron ore, concentrate, HBI, steel products to various markets, but mainly to China and ASEAN countries, for about 26 Years. He has 36 years solid experience in the field of mining production &amp; export of commodities. He was a Member of the Board &amp; Head of International Affairs of IROPEX (Iranian Iron Ore Producers &amp; Exporters Association) from 2012 up to 2017. Keyvan has a Bachelor degree in Electronic Engineering, Masters degree in Medical Engineering and MBA and Phd. in Radiology from Iranian Reputable Universities and numerous post-graduation courses in Mining, Steel &amp; Management Fields from Iranian &amp; Foreign Universities. Currently, he is a Professor &amp; Senior Analyst in International Economy and Commodities and has numerous articles published in Iranian &amp; International Websites, News Agencies &amp; Media. Keyvan had 158th successful attendance as Keynote S., Speaker or panelist in International Overseas Conferences Worldwide during the past Decade.\",\"sameAs\":[\"http:\/\/kjtehrani.com\"],\"url\":\"https:\/\/kjtehrani.com\/en\/author\/kjtehrani\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Iranian Billet Exports may Increase 'Significantly\u2018 as Currency Depreciates - Keyvan Jafari Tehrani","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/kjtehrani.com\/en\/iranian-billet-exports-may-increase-significantly-as-currency-depreciates\/","og_locale":"en_US","og_type":"article","og_title":"Iranian Billet Exports may Increase 'Significantly\u2018 as Currency Depreciates - Keyvan Jafari Tehrani","og_description":"Exports of billets and steel from Iran may increase significantly on falling Iranian rial against US dollar. Iranian currency has depreciated about 5% in last one week from 38,800 per USD to 40,400 per USD and expected to fall more as US president is likely to decertify Iran&#8217;s nuclear deal this Friday. Iran domestic billet [&hellip;]","og_url":"https:\/\/kjtehrani.com\/en\/iranian-billet-exports-may-increase-significantly-as-currency-depreciates\/","og_site_name":"Keyvan Jafari Tehrani","article_published_time":"2017-10-12T16:23:02+00:00","article_modified_time":"2017-10-12T20:30:59+00:00","og_image":[{"width":1200,"height":552,"url":"https:\/\/kjtehrani.com\/en\/wp-content\/uploads\/2017\/10\/3.jpg","type":"image\/jpeg"}],"author":"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/kjtehrani.com\/en\/iranian-billet-exports-may-increase-significantly-as-currency-depreciates\/","url":"https:\/\/kjtehrani.com\/en\/iranian-billet-exports-may-increase-significantly-as-currency-depreciates\/","name":"Iranian Billet Exports may Increase 'Significantly\u2018 as Currency Depreciates - Keyvan Jafari Tehrani","isPartOf":{"@id":"https:\/\/kjtehrani.com\/en\/#website"},"datePublished":"2017-10-12T16:23:02+00:00","dateModified":"2017-10-12T20:30:59+00:00","author":{"@id":"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/3c8615bec78fb52c1476c9987e23179d"},"breadcrumb":{"@id":"https:\/\/kjtehrani.com\/en\/iranian-billet-exports-may-increase-significantly-as-currency-depreciates\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/kjtehrani.com\/en\/iranian-billet-exports-may-increase-significantly-as-currency-depreciates\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/kjtehrani.com\/en\/iranian-billet-exports-may-increase-significantly-as-currency-depreciates\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/kjtehrani.com\/en\/"},{"@type":"ListItem","position":2,"name":"Iranian Billet Exports may Increase &#8216;Significantly\u2018 as Currency Depreciates"}]},{"@type":"WebSite","@id":"https:\/\/kjtehrani.com\/en\/#website","url":"https:\/\/kjtehrani.com\/en\/","name":"Keyvan Jafari Tehrani","description":"Personal Website","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/kjtehrani.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/3c8615bec78fb52c1476c9987e23179d","name":"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b29d20fbd9fa444ac77fbfcdbddba504?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b29d20fbd9fa444ac77fbfcdbddba504?s=96&d=mm&r=g","caption":"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc"},"description":"Keyvan is the owner and CEO of Jame Tejarat Company (JTC) since its establishment in 2002. He has been exporting minerals and steel value chain products especially iron ore, concentrate, HBI, steel products to various markets, but mainly to China and ASEAN countries, for about 26 Years. He has 36 years solid experience in the field of mining production &amp; export of commodities. He was a Member of the Board &amp; Head of International Affairs of IROPEX (Iranian Iron Ore Producers &amp; Exporters Association) from 2012 up to 2017. Keyvan has a Bachelor degree in Electronic Engineering, Masters degree in Medical Engineering and MBA and Phd. in Radiology from Iranian Reputable Universities and numerous post-graduation courses in Mining, Steel &amp; Management Fields from Iranian &amp; Foreign Universities. Currently, he is a Professor &amp; Senior Analyst in International Economy and Commodities and has numerous articles published in Iranian &amp; International Websites, News Agencies &amp; Media. Keyvan had 158th successful attendance as Keynote S., Speaker or panelist in International Overseas Conferences Worldwide during the past Decade.","sameAs":["http:\/\/kjtehrani.com"],"url":"https:\/\/kjtehrani.com\/en\/author\/kjtehrani\/"}]}},"_links":{"self":[{"href":"https:\/\/kjtehrani.com\/en\/wp-json\/wp\/v2\/posts\/1687"}],"collection":[{"href":"https:\/\/kjtehrani.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kjtehrani.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kjtehrani.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kjtehrani.com\/en\/wp-json\/wp\/v2\/comments?post=1687"}],"version-history":[{"count":4,"href":"https:\/\/kjtehrani.com\/en\/wp-json\/wp\/v2\/posts\/1687\/revisions"}],"predecessor-version":[{"id":1698,"href":"https:\/\/kjtehrani.com\/en\/wp-json\/wp\/v2\/posts\/1687\/revisions\/1698"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kjtehrani.com\/en\/wp-json\/wp\/v2\/media\/1693"}],"wp:attachment":[{"href":"https:\/\/kjtehrani.com\/en\/wp-json\/wp\/v2\/media?parent=1687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kjtehrani.com\/en\/wp-json\/wp\/v2\/categories?post=1687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kjtehrani.com\/en\/wp-json\/wp\/v2\/tags?post=1687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}