Superb steel billet Price Fluctuation

Sales of Superb steel billet magnetite iron ore magnetite, which is supplied in global markets by Iran, in alloy 48 to 62%. It is sold in two types of fine granulation and coarse granulation i.e. hunk. In any part of the sale of iron ore, magnetite, without the middlemen of Iran to China or other countries, and analysis of iron ore to the attachment information, the firs time to the buyer notification, and we, accordingly, regarding the price of iron ore with the buyer to agree to the particular.

What are steel billets used for?

The agreement on the price of magnetite iron ore the price of iron ore is defined in transactions both in domestic and export transactions based on global indicators. According to global price indicators, the delivery time of iron ore cargo is often criterion-proofed for settlement between the buyer and the seller. Another item that needs to be reviewed in the transactions. The price announced in the global indicators corresponds to a certain analysis of iron ore.

To coincide with the continuity of the growth of the global price of iron ore that is the reason it’s in the papers, ago fully examined., the growth of prices for scrap iron and the growth of the steel and the final products, chain. This has affected Iranian steel prices in global markets as well as domestic markets. The weekly trend of changing the global price of iron scrap and steel prices in global and Iranian markets in the following article can be read.

Fortunately, recently, the development of infrastructure and mineralization units in the city has made it one of the sources of iron ore production and supply. Part of the city’s produced iron ore is exported and part is also handed over to domestic factories. The export of Zanjan iron ore is often sent through the port of Imam. Zanjan iron ore mines belong to Simorgh steel complex with 60-61% grades and 67% premium magnetite iron ore.

Price Fluctuation of Superb steel billet

steel billet market by each mine and mineralization unit has a characteristic chemical analysis. Therefore, the desired analysis of the index is different. For this reason, we need to adjust the price in the contract of wreckage and sale of iron ore. If there is a difference in carat or impurities, a decrease or increase is suggested for the agreed price in the contract.

The selling price of magnetite iron ore without intermediaries changes the global price of iron ore as you know the trend has been increasing over recent weeks. The price of iron ore in Bandar Abbas has also been growing. Simultaneously swing the sale price of iron ore export gradation of Iran the price of other products, such as pelletizing, etc.steel billet sale iron, sponge in Iran, is also bullish trend in the sphere of export and the domestic market during life.