08
May
16:21
Khorasan Steel ships first billet to UAE
Khorasan Steel has exported its first, 1,200-tonne cargo of billet to United Arab Emirates, a source at the Iranian steelmaker tells Kallanish. More shipments to UAE are expected to follow if the market accepts Khorasan's billet quality.
Khorasan recently commissioned its new 700,000 tonnes/year electric arc furnace-based billet plant, doubling overall capacity of the semi to 1.4 million t/y (see Kallanish 4 May). Rebar and sections capacity is 640,000 t/y, …
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Anonymous
Very good overview of the weekly steel market.
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