12
Nov
11:25
Iran's South Kaveh commissions merchant billet plant
Iranian direct reduced iron producer South Kaveh Steel has commissioned a 1.2 million tonnes/year electric arc furnace-based billet plant, Kallanish learns from the company. Billet capacity is set to be doubled in a later expansion phase.
130-200mm square billet produced from the 140-t EAF meltshop was initially supposed to be sold to local re-rollers. However, exports could be considered given steel demand from construction in Iran is currently weak, and the fi…
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Very good overview of the weekly steel market.
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