Offers for billets to foreign customers from the CIS have increased after the scrap continued to rise.
the closest port to Lebanon at the moment is the Turkish port of Mersin, which after the explosion, Turkey announced that it was ready to provide this port to Lebanon to unload and load large ships." Because this accident causes this port to be out of motion for a long time. The Turkish port of Mersin is located northeast of the Mediterranean Sea, 340 km (190 nautical miles) from the port of Beirut.
The steel industry, as one of the key industries in the global economy, will undergo dramatic changes in the coming years. Moving towards the use of new technologies in the steel industry will bring many benefits to both producers and consumers of this precious metal. However, it seems that these developments in the country's policies need special attention in order not to fall behind this important convoy. Khuzestan Steel Company, as one of the largest steel producers in the country, is trying to move towards the use of advanced technologies, in line with the latest technology in the world.
Pig iron exports from Brazil increased with more sales to China and the United States.
Since the beginning of this year, this huge steel complex has tried to remain effective as a parent industry in the region and the country, despite the pressure of oppressive sanctions and the problems caused by the outbreak of the corona, which has put the country's economy in a difficult situation. Undoubtedly, this complex can play a significant role in the economy and national authority.
A senior international analyst in the field of iron ore and steel on the situation of iron ore prices in the country, says: The increase in iron ore prices, both inside and outside, has nothing to do with the supply of iron ore from Iran; Because Iran has nothing to say in this regard. Our country was once the fourth largest exporter of iron ore to China, but now it is not among the top ten countries. The world's largest exporters of iron ore are Australia, Brazil, South Africa and India, respectively, followed by other countries such as Malaysia, Kazakhstan, etc., which were gradually imported. We had an acceptable position in this category in 2013 with exports of 21 million tons, but we do not have a good position at the moment.He continued: "The increase in the price of iron ore in the world market is due to the increase in demand for steel from China, and for this reason we see that China's steel exports have decreased so that the country is more known as a consumer."