{"id":2185,"date":"2020-04-15T13:59:49","date_gmt":"2020-04-15T13:59:49","guid":{"rendered":"http:\/\/kjtehrani.com\/en\/?p=2185"},"modified":"2020-04-15T16:55:04","modified_gmt":"2020-04-15T16:55:04","slug":"irans-steelmakers-object-to-proposed-changes-in-raw-materials-sector","status":"publish","type":"post","link":"https:\/\/kjtehrani.com\/en\/irans-steelmakers-object-to-proposed-changes-in-raw-materials-sector\/","title":{"rendered":"Iran\u2019s steelmakers object to proposed changes in raw materials sector"},"content":{"rendered":"\n<p>The Islamic Republic\u2019s steel segment is seeing new heated disputes as the local government plans to revise price formulas for raw materials. While miners hope to receive additional funds for investments, steelmakers see a threat to their competitiveness and anticipate increase in cost.<\/p>\n\n\n\n<p>The Ministry of Industry, Mine and Trade is considering to raise the coefficients in local price formulas for raw materials based on quarterly weighted average domestic and export sales price for billet and slabs from Khouzestan Steel Company. The current figures are 16.5% for concentrate, 23.5% for pellets and 50% for DRI. The representatives of mining industry are asking to increase coefficients by at least 2%, while steel producers are opposing. \u201cThere was a meeting regarding this issue on April 14. However, the parties did not come to any conclusions. It was decided that a deeper study is required to reach an agreement,\u201d a representative of the Iranian Steel Producers\u2019 Association told Metal Expert.<\/p>\n\n\n\n<p>The steelmakers\u2019 main argument in this dispute is the additional cost, which will result in narrowing export opportunities. Taking into account that most market players are limited by US sanctions and the global recession, the decision to raise coefficient would only lead to negative consequences. \u201cIt is not a good idea to implement such decision at present as Iran is under pressure of the coronavirus epidemy and the outbreak worldwide. Billet prices have dropped sharply and by the middle of May they can weaken more. So, it\u2019s very tough time for Iranian steelmakers and this increase should be postponed till the beginning of 2021, otherwise steel export will reduce,\u201d steel market analyst Keyvan Jafari Tehrani told Metal Expert.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Islamic Republic\u2019s steel segment is seeing new heated disputes as the local government plans to revise price formulas for raw materials. While miners hope to receive additional funds for investments, steelmakers see a threat to their competitiveness and anticipate increase in cost. The Ministry of Industry, Mine and Trade is considering to raise the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2188,"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>Iran\u2019s steelmakers object to proposed changes in raw materials sector - 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\/irans-steelmakers-object-to-proposed-changes-in-raw-materials-sector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Iran\u2019s steelmakers object to proposed changes in raw materials sector - Keyvan Jafari Tehrani\" \/>\n<meta property=\"og:description\" content=\"The Islamic Republic\u2019s steel segment is seeing new heated disputes as the local government plans to revise price formulas for raw materials. While miners hope to receive additional funds for investments, steelmakers see a threat to their competitiveness and anticipate increase in cost. The Ministry of Industry, Mine and Trade is considering to raise the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kjtehrani.com\/en\/irans-steelmakers-object-to-proposed-changes-in-raw-materials-sector\/\" \/>\n<meta property=\"og:site_name\" content=\"Keyvan Jafari Tehrani\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-15T13:59:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-15T16:55:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kjtehrani.com\/en\/wp-content\/uploads\/2020\/04\/IMG-20200415-WA0089.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"557\" \/>\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\/irans-steelmakers-object-to-proposed-changes-in-raw-materials-sector\/\",\"url\":\"https:\/\/kjtehrani.com\/en\/irans-steelmakers-object-to-proposed-changes-in-raw-materials-sector\/\",\"name\":\"Iran\u2019s steelmakers object to proposed changes in raw materials sector - Keyvan Jafari Tehrani\",\"isPartOf\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/#website\"},\"datePublished\":\"2020-04-15T13:59:49+00:00\",\"dateModified\":\"2020-04-15T16:55:04+00:00\",\"author\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/3c8615bec78fb52c1476c9987e23179d\"},\"breadcrumb\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/irans-steelmakers-object-to-proposed-changes-in-raw-materials-sector\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/kjtehrani.com\/en\/irans-steelmakers-object-to-proposed-changes-in-raw-materials-sector\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/kjtehrani.com\/en\/irans-steelmakers-object-to-proposed-changes-in-raw-materials-sector\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/kjtehrani.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Iran\u2019s steelmakers object to proposed changes in raw materials sector\"}]},{\"@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":"Iran\u2019s steelmakers object to proposed changes in raw materials sector - 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\/irans-steelmakers-object-to-proposed-changes-in-raw-materials-sector\/","og_locale":"en_US","og_type":"article","og_title":"Iran\u2019s steelmakers object to proposed changes in raw materials sector - Keyvan Jafari Tehrani","og_description":"The Islamic Republic\u2019s steel segment is seeing new heated disputes as the local government plans to revise price formulas for raw materials. 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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. 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