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: 国产在线视频不卡| 正在播放国产女免费| 国产在线视频www色| 538精品视频在线观看mp4| 日韩av第一页在线播放| 伊人久久精品亚洲午夜| 高清破外女出血视频| 国产精品欧美一区二区三区不卡| 中文字幕免费在线观看动作大片| 最新中文字幕在线| 你懂的在线播放| 美妇浑圆硕大高耸美乳| 国产剧情jvid在线观看| 色婷五月综激情亚洲综合| 女同午夜三级在线观看| 久久精品国产亚洲av麻豆| 欧美国产成人精品二区芒果视频| 人人爽人人爽人人片av| 精品久久人妻av中文字幕| 国产999视频| 色老板在线视频一区二区| 在线播放精品一区二区啪视频| 久久久亚洲欧洲日产国码aⅴ| 欧美精品videosbestsexhd4k| 四虎影视免费永久在线观看 | 四虎.com官网| 视频二区中文字幕| 国产精品看高国产精品不卡| 99国产成+人+综合+亚洲欧美| 日本69xxxx| 亚洲国产一区二区三区在线观看 | 国色天香论坛社区在线视频| 亚洲国产成人久久一区www| 波多野结衣中文在线播放| 国产aⅴ激情无码久久久无码| 高清无码视频直接看| 国产成人精品一区二三区| 欧美jizz18性欧美| 国产男女无遮挡猛进猛出| 99精产国品一二三产| 天天躁日日躁狠狠躁av麻豆|