En20120724001.jpg
About us Advertisement service Contact us Into the Chinese
Home Macro-economy Steel News Raw Material Equipment & Technology Steel End-users Products
Steel News Daily
Steel News
Iranian Flat Steel Producers to Supply Total’s Project
  Release time: 2017/07/12 14:10:00  Author: 

Iran’s consumption of flat steel is expected to increase rapidly as a result of an investment contract with a consortium led by French oil and gas company Total SA to develop Iran’s major South Pars Gas Field, S&P Global Platts reported citing comments made by Amirhossein Kaveh, secretary of Iranian Syndicate of Steel Pipe and Profile Manufacturers.

“It is good news for Iranian producers of pipe too,” Kaveh told Platts. "The projects need a huge amount of materials, including steel pipes and we have enough capacity to supply their requirements, which will reduce costs considerably," he added.

Kaveh noted that the syndicate had not yet negotiated with Total but that Iranian suppliers of pipes had worked successfully with the oil and gas company before sanctions were imposed.

In the late 1990s, Total sourced pipe project requirements, including sour gas piping, from Iranian mills.

“Most Iranian pipe mills are designed to supply the oil and gas sectors. Our cooperation with Total started from the first phase of South Pars Gas Field development projects. Now Iran’s pipe mills are better performers, supplying some of Turkmenistan’s gas pipeline projects,” he said.

The strategic contract was signed between the National Iranian Oil Company and a consortium comprising Total, China’s CNPC International and Iran’s Petropars Company last week. More than $54 billion worth of natural gas and natural gas condensate will be produced by the project, Shana reported.

The Total-CNPC-Petropars deal is considered the first important international contract to have been signed in Iran’s energy sector, but is not expected to be the last.

Iran needs some $200 billion for financing oil and gas projects under the country’s sixth five-year development plan (2017-22), according to Iranian Oil Minister Bijan Namdar Zanganeh.

Iran and Total are also close to another deal for $2 billion investment in the country’s petrochemical sector.

According to Iranian Steel Producers Association, Iran produced more than 10 million tons of flat steel products during the last fiscal year (March 2016-17). Hot-rolled coil accounted for 6.98 million tons of the total output, relatively unchanged compared to the year before; cold-rolled coil production stood at 1.91 million tons, up 9% year-over-year; and coated coil output was 1.1 million tons, up 20% YOY.

HRC consumption during the same period stood at 7.57 million tons, down 5% YOY. Consumption of CRC and coated coil stood at 2.38 million tons and 4.2 million tons, up 1% and 8% respectively YOY.

Last year’s HRC exports were down 30% to 1.06 million tons, CRC shipments were up 91% to 153,000 tons, coated coil sales inched up 8% to 28,000 tons compared to the preceding year.

HRC imports during the same period were down 36% to 1.65 million tons, CRC was down 9% to 617,000 tons and coated coil dropped 16% YOY to 350,000 tons.

With Iran’s largest flat producer Mobarakeh Steel Company prioritizing the local market and moving to boost output, the syndicate’s 136 members will most likely have a lot of flat products at their disposal for a potential deal with Total.

Together with its subsidiaries, Isfahan-based MSC is the largest flat steel producer in the Middle East and North Africa region and Iran’s largest steelmaker, accounting for 1% of Iran’s GDP.

Since MSC was founded in the early 90s, it has supplied about 80% of its total output to the domestic market. The company accounts for approximately 50% of Iran's total steel output and holds around the same share from domestic flat steel consumption.

MSC undertook several expansion plans in 2016, including a $143.4 million investment in setting up a continuous casting machine back in November. The new production line added 1.8 million tons to MSC’s annual steel production capacity and increased it to 10.3 million.

The company has gradually cut down on its exports during the past few months while boosting production and supply to the local market, losing its place as Iran’s top exporter to Khouzestan Steel Company in the process.

In fact, the main reason behind MSC’s changing attitude was a dispute with the pipe manufacturers association last year. The syndicate accused MSC of refusing to provide pipe producers with their needed feedstock of flat steel, overcharging local buyers and prioritizing exports.

The dispute dragged on for months with some other consumers voicing the same complaint, until the Ministry of Industries, Mining and Trade officially ordered MSC to shift its focus to the local market.

To share the micro-blog:
vanitec.jpg
 
NO.26 Building, An zhenli 3th Area, Chao Yang District, Beijing. Postcode: 100029
Tel: 86-10-64441860 Fax: 86-10-64410636 Email: csteelnews@126.com
www.csteelnews.com. All Rights Reserved.
 
主站蜘蛛池模板: 国产中文字幕在线免费观看| 在线a免费观看| 久久躁狠狠躁夜夜AV| 毛片在线播放a| 午夜影院小视频| 蜜芽.768.忘忧草二区老狼| 国产真实迷j在线播放| 97人伦影院a级毛片| 小屁孩cao大人免费网站| 久久久久久久久久久久福利| 最近的免费中文字幕视频| 亚洲欧美国产免费综合视频| 男女边吃奶边做爽动态爽| 又黄又爽免费视频| 色综合小说天天综合网| 国产婷婷色一区二区三区| 亚洲视频一区二区三区四区| 图片区日韩欧美亚洲| videoshd泰国| 忘忧草日本在线播放www| 中日韩黄色大片| 日本视频免费高清一本18| 亚洲AV无码AV制服另类专区| 欧美成人免费全部网站| 亚洲狼人综合网| 特级毛片视频在线| 免费扒开女人下面使劲桶| 精品熟女碰碰人人a久久| 国产一区二区视频免费| 韩国免费毛片在线看| 国产成年无码久久久免费| 青青操在线免费观看| 国产精品视频yy9099| 99riav视频国产在线看| 天天操夜夜操天天操| yellow2019电影在线高清观看| 欧美激情一区二区三区蜜桃视频| 国产丰满肥熟在线观看| 黑色毛衣在线播放| 国产毛片久久久久久国产毛片| jizz免费观看视频|