steel billets Exporting Countries in 2020

In recent years, South Korea has been the world’s largest exporter of steel billets, supplying the main raw material needed for the industry through imports. Canada is the world’s second largest exporter of steel billets. Iran is also among the top exporters of steel billets and exports it to many countries around the world. Belgium, the Netherlands and Australia are other exporters of steel billets.

How much are steel billets?

The price of steel ingots depends on various factors and is among the intermediate products of rolled steel. Steel ingots are produced in two forms, billet and bloom, and each has a different price. The ingot, known as the ingot in the market, is produced in the form of a billet and has a circular and square cross section. The ingot, known as ingot, is in the form of a bloom and is used to make train tracks, shields, studs, cans, and beams.

The method of production of steel ingots also affects its price. Some steel ingot factories produce crude steel using the electric arc furnace method and then perform ingots, especially the production of slabs and sheet metal, while others use the traditional method of steel production, which is to use a blast furnace to indirectly reduce iron. Each of these production methods differentiates the steel billets use and increases or decreases their price.

To find out the daily price of steel ingots, the best and easiest way, which takes a little time, is to refer to internet sites and virtual stores related to the production, purchase and sale of steel ingots.

Main Exporting Countries of steel billets in 2020

South Korea is the world’s largest exporter of steel billets. It is one of the largest producers of zinc ingots in the world, which supplies the main raw material needed for this industry through imports.

Canada is in the top ten countries in terms of mineral reserves in the world and is the second largest exporter of steel billets in the world. Most of the zinc ingots produced in Canada (about 93%) are exported to the United States and the rest to countries such as Taiwan, Malaysia and … Be issued.

Belgium, the Netherlands, Australia, Spain and India are the other major exporters of steel billets in the world, respectively, and produce this product in large quantities and export it to the applicant countries.

Iran also has a good position in the production of steel billets and exports it to countries such as Turkey, Iraq, Afghanistan, Georgia, Armenia and so on. Due to the high quality of Iranian steel billets, there are many applicants in the world, and therefore the export market of this alloy is booming, and also steel billets for sale inside Iran have a lucrative market.