Steel billets Wholesale price

steel billets price varies according to various parameters such as quality, brand, manufacturing company, market fluctuations, demand and market economic conditions. To produce each type of steel product, a type of ingot must be used. Of course, here we refer to the important issue that the products that are produced by using ingots are all produced by hot rolling process. This means that first the ingots, which are previously delivered to the factory in the form of cast steel parts, are heated in furnaces up to 900 ° C and are prepared for the production of hot rolled sections and products. Ingots are mostly classified based on their dimensions. What is more, different products can be produced from each of the ingots. In the following, we will examine the types of ingots together.

What is difference between ingot and billet?

What are steel ingots and are ingots and billets different? This question is an introduction to curiosity about this product and try to get information about it. In an article entitled “Specifications of types of steel ingots for rebar production”, we examined these issues in detail. This article tries to explain the production and process of steel ingots. In slang terms, billets, blooms and slabs are all made of ingots, but there are many differences. These products are semi-finished steel products that must be processed to become the final product.

1. Billet or CCM: The more scientific term known around the world is CCM. If the ingot is consumed directly from the production of ccm, it is called ccm ingot or billet. The billet is also known as the ingot, it is longer than the ingot and has a circular or square surface with a width of less than 15 cm, in other words, its cross-sectional area is less than 230 cm2. Shamshal is mostly used to produce rebars and wires. Billets are produced in different categories such as 3sp and 5sp. A 3sp billet that is flexible and more flexible in terms of traction, bending and twisting. The 5sp ticket is not flexible and is used when the structure is not exposed to force and pressure and is almost stable. The price of a 3sp billet is higher.

2- Bloom or fabric: Bloom is also known as “Shamseh”. Bloom is actually the same billet that comes in different sizes. That is, its width is more than 15 cm, in other words, it can be said that the cross section is less than 230 cm square, and for this reason, Bloom and Billet are usually in the same category. Bloom is mostly used to make rails, shields, studs, cans and.. In the past, the name Bloom was used more, but over time, the merchants of this class gave the name of the factory to this product, although the old people of this market still call this product Bloom.

3- Slab: It is a rectangular piece of steel, which is unlike billet and bloom and is usually 230 mm thick, 1.25 m wide and 12 m long.

The importance of carbon in ingots has a special place, because steel ingots are used to produce rebars, and the amount of carbon in ingots is important for the production of rebars. If we want to provide rebar of size 14 to 40, the ingot must be with carbon 30 to 35 and for lower sizes, less carbon is needed because in lower sizes, more traction and softness are needed. Ingots 125, 130 and 150 are suitable for the production of rebars, and in modern and up-to-date factories, it is possible to produce rebars with both ingots. Ingots with dimensions of 100,120,125,130,150,160 are billets and ingots with dimensions of 180 * 180, 200 * 200, 250 * 250 are called bloom and are used for the production of industrial rebars. steel billets use It is very important in steel mills.

Bulk price of steel billets in 2020

It should be considered that steel as a basic product for use in various industries from automotive to construction and also as a vital and valuable commodity in the export sector, has a significant impact on the growth and development of a country. China alone accounts for almost 30 percent of the world’s total steel production. Recognizing the factors affecting the price of iron and steel is one of the main pillars of entering this popular trade in the world. Now let’s get acquainted with these factors and their effects in Iran.
Exchange rate

Currency and especially the dollar are effective in determining the price of almost all products, including steel and its sections. This effect can be examined from 3 points of view.
Dollars and the value of the national currency

The rial, as the national currency of Iran, is compared to the dollar, like other world currencies such as the euro. The lower the value of the rial against the dollar, the more we have to wait for prices to rise. The arbitrage opportunity created by this price difference, and the justification of exports over domestic sales, pushes up steel prices domestically.
Dollars and imports

Imported basic steel products such as sponge iron or scrap iron are imported in dollars. With the increase in the cost of importing these products and the rising cost of steel production, the price of steel ingots and of course the steel sections made from them will increase.
Psychological effects of the dollar

Experience has shown that changes in the price of the dollar and people’s predictions of whether prices will rise or fall force them to react psychologically. Holding hands to complete the final purchase or rushing into the market and increasing the excitement of demand will cause prices to change even before the previous effects.
Supply and Demand

The supply and demand of steel ingots at the national level is the most basic principle for pricing other steel sections. For example, the price of products such as galvanized sheet or iron sheet made from steel ingots is priced directly based on the daily value of steel. The same goes for other iron sections. Manufacturers and importers of various products from ingots to steel sheets are suppliers of this trade.

But steel buyers in Iran are divided into two main categories. First, those who are consumers convert yen ingots in the factory to other sections or use products produced such as ribbed rebar in industries such as construction. The other group is those who buy and store steel not for consumption or conversion but as an investment commodity. This group buys iron in the hope of increasing the price and making a profit, and after a while, they offer it to the market.
Economic growth and the country’s budget

The country’s budget as the main determinant for forecasting the annual cost for the development and growth of the country is a good sign for forecasting the price of steel. As we have said, steel is a basic product for the development of the country. The annual development budget determines the amount of steel consumption in the development sector. steel billets for sale It is done online and in person.