3rd Middle East Metal Conference, 12-14 May 2007, Fairmont Hotel, Dubai, UAE © 2007 MEsteel.com -...

3rd Middle East Metal Conference, 12-14 May 2007, Fairmont Hotel, Dubai, UAE © 2007 MEsteel.com - All Rights Reserved. Mr

Hadi Hami

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IRAN STEEL MARKET OVERVIEWIRAN STEEL MARKET OVERVIEWMr. Hadi Hami, Marketing Manager

www.mesteel.com

33rdrd Middle East Metal Conference Middle East Metal Conference

The Steel Wonder of The World

12-14 May, 2007

Fairmont Hotel, Dubai, UAE

http://www.mesteel.com/index_m.htm


Hadi Hami

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Hadi Hami

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Iran Steel Market

• Production overview & outlook• Exports: Which mill exports what?• Imports: How volatile is the market? • Import sources diversify, China or CIS?• Middle East and Iran demand side issues• Iran steel prices & market opportunities • Conclusion



Hadi Hami

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Iran Steel Production Overview - Outlook

– Semis production (per mill in 2004 – 2006)– Finished products production

(per mill in 2004 – 2006)



Hadi Hami

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Iran Steel Production (mt) (2004 - 2006)

0

2,000,000

4,000,000

6,000,000

8,000,000

10,000,000

12,000,000

Semis

Finished Products

Semis 8,989,640 9,574,291 9,928,081

Finished Products 9,432,800 10,594,844 11,054,015

2004 2005 2006



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Iran Semis Production (mt) per mill (2004 - 2006)

0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000

2004

2005

2006

Khorasan Steel Co 317,012 410,674 460,274

Iran Alloy Steel 150,389 188,337 187,726

INSIG 105,273 115,681 125,150

Khouzestan Steel Co 2,150,849 2,205,792 2,280,128

Mobarakeh Steel Co 3,859,516 4,146,372 4,658,264

Esfahan Steel Co 2,406,601 2,507,435 2,216,539

2004 2005 2006



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Iran Finished Products Production (mt) per mill ( 2004 - 2006)

0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000

2004

2005

2006

Others 300,000 730,000 900,000

Ahwaz Rolling & Pipes 293,658 320,218 224,437

Kerman Steel Co 110,036 103,225 102,818

Khorasan Steel Co 555,502 603,290 644,234

Azarbaijan Steel Co 573,084 525,103 553,664

Iran Alloy Steel 162,071 180,996 182,136

Kavian Steel Co 465,329 480,451 439,097

INSIG 692,652 852,665 1,056,076

Mobarakeh Steel Co 3,853,548 4,222,644 4,609,021

Esfahan Steel Co 2,426,920 2,576,252 2,342,532

2004 2005 2006



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Iran steel exports per product type (2005 – 2006)

• Export Figures per mill (2005 - 2006)• “Value” of steel exports per mill (2005 - 2006)



Hadi Hami

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Iran steel exports (mt) per mill (2005 - 2006)

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

Esfahan Steel Co (ESCO) 284,232 213,856

Saba Complex 48,889 70,149

Mobarakeh Steel Co (MSC) 1,052,881 1,087,701

Khouzestan Steel Co (KSC) 927,237 531,274

Iran National Steel (INSIG) 143,995 49,530

Kavian steel 1,000 1,782

Iran Alloy Steel 17,103 18,891

Azarbaijan Steel 17,307 15,570

Khorasan Steel Co 13,067 3,732

Ahwaz Rolling & Pipes 32,713 37,487

2005 2006



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Total Iran Steel Exports ( 2005 - 2006)

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

Exp

orte

d Q

uant

ity (m

t)

Total Iran Exports 2,538,424 2,029,972

2005 2006



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M obarakeh Stee l Exports ( 2005 - 2006)

500

100,500

200,500

300,500

400,500

500,500

600,500

700,500

800,500

900,500

Ex

po

rte

d Q

ua

nti

ty (

mt)

Hot Rolled Sheets 77,614 141,661

Hot Rolled Coils 928,861 894,089

Pickled Coils 3,537 31,101

Cold Rolled Coils 828 1,581

Coated Coils /Sheets 1,345 9,625

Slabs 40,696 9,644

2005 2006



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Khuzestan Steel Exports ( 2005 - 2006)

0

100,000

200,000

300,000

400,000

500,000

600,000

Exp

ort

ed Q

uan

tity

(m

t)

Blooms 609,696 442,148

Billets 155,902 28,597

Slabs 161,639 60,529

2005 2006



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ESCO Exports ( 2005-2006)

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

Exp

ort

ed Q

uan

tity

(m

t)

I-Beams 119,777 136,887

Rebars 98,462 76,969

Sections 65,993 0

2005 2006



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Saba Complex Exports ( 2005 - 2006)

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

Exp

ort

ed Q

uan

tity

(m

t)

Hot Rolled Coils 48,889 70,149

2005 2006



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INSIG Exports ( 2005 - 2006)

0

8,000

16,000

24,000

32,000

40,000

48,000

56,000

64,000

72,000

80,000

Exp

ort

ed Q

uan

tity

(m

t)

I-Beams 63,957 4,700

Rebars 76,497 42,581

Seamless Pipes 3,541 2,249

2005 2006



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Imports: How volatile is the market?

• Steel imports per product type (mt) (2004-2006)

• Total “Value” of steel imports per product type (2004-2006)

• “Average Price” of steel imports per product type (2004-2006)



Hadi Hami

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Iran steel imports per product type (2004-2006)

0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000

Pig Iron

Ferro Alloys

Iron Powder

Iron Scrap

Alloy Scrap

Billets

Hot Rolled Coils

Cold Rolled Coils

Coated Coils/Sheets

Rebars

Sections & Beams

Wires

SS Billets

SS Coils/Sheets

SS Bars

SS Sections

SS Wires

Alloy Steel Billets

Alloy Steel Sheets

Alloy Steel Rebars

Alloy Steel Profiles

Alloy Steel Wires

(mt)

2004 2005 2006



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Iran steel imports percentage per product type (2006)

Pig Iron

Ferro Alloys

Iron Powder

Iron Scrap

Alloy Scrap

Billets

Hot Rolled Coils

Cold Rolled Coils

Coated Coils/Sheets

Rebars

Sections & Beams

Wires

SS Billets

SS Coils/Sheets

SS Bars

SS Sections

SS Wires

Alloy Steel Billets

Alloy Steel Sheets

Alloy Steel Rebars


Alloy Steel Wires



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Iran total value of imported steel per product type (2004-2006)

0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000

Pig Iron

Ferro Alloys

Iron Powder

Iron Scrap

Alloy Scrap

Billets

Hot Rolled Coils

Cold Rolled Coils

Coated Coils/Sheets

Rebars

Sections & Beams

Wires

SS Billets

SS Coils/Sheets

SS Bars

SS Sections

SS Wires

Alloy Steel Billets

Alloy Steel Sheets

Alloy Steel Rebars


Alloy Steel Wires

(x1000)USD

(2004) (2005) (2006)



Hadi Hami

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Iran "Average Price " of imported steel products per product type (2004-2006)

0 500 1000 1500 2000 2500 3000 3500 4000 4500

Pig Iron

Ferro Alloys

Iron Powder

Iron Scrap

Alloy Scrap

Billets

Hot Rolled Coils

Cold Rolled Coils

Coated Coils/Sheets

Rebars

Sections & Beams

Wires

SS Billets

SS Coils/Sheets

SS Bars

SS Sections

SS Wires

Alloy Steel Billets

Alloy Steel Sheets

Alloy Steel Rebars


Alloy Steel Wires

($/mt)

2004 2005 2006



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Import sources diversify, China or CIS?



Hadi Hami

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Middle East long products imports, Ex-China per country (2006)

0

100

200

300

400

500

Vol (

'000

) mt

United Arab Emirates

Iran

Saudi Arabia

Syria

Yemen

Kuwait

Bahrain

Israel

Qatar

Jordan

Lebanon

Iraq

Oman

Palestine

United Arab Emirates 443

Iran 360

Saudi Arabia 230

Syria 202

Yemen 125

Kuwait 59

Vol ('000) Mtons



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Middle East flat products imports, Ex-China per country (2006)

0

50

100

150

200

250

300

350

Vol (

'000

) mt


Saudi Arabia

Iran

Israel

Kuwait

Syria

Jordan

Yemen

Qatar

Lebanon

Bahrain

Iraq

Oman


Saudi Arabia 111

Iran 88

Israel 82

Kuwait 22

Syria 19

Vol ('000) Mtons



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Middle East long products imports, Ex-China per country (Jan-Feb 2007)

0

100

200

300

400

500

600

700

Vol

('00

0) m

t

Iran

Saudi Arabia

Rep Yemen


Syrian

Kuwait

Jordan

Israel

Qatar

Oman

Iraq

Lebanon

Palestine

Bahrain

Iran 575

Saudi Arabia 73

Rep Yemen 69


Syrian 37

Kuwait 16

Vol ('000) Mtons



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Middle East flat products imports, Ex- China per country (Jan - Feb 2007)

0

10

20

30

40

50

Vol

('00

0) m

t


Saudi Arabia

Israel

Iran

Kuwait

Jordan

Oman

Lebanon

Syrian

Qatar

Bahrain

Iraq

Rep Yemen


Saudi Arabia 23

Israel 22

Iran 7

Kuwait 6

Jordan 5

Vol ('000) Mtons



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Iran Carbon Steel Prices

• 2006

• Q1-2007



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Iran Steel Semi Finished Products Prices ( 2006 )

0

100

200

300

400

500

600

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

($/m

tt)

Billets Slabs



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Iran Steel Semi Finished Product Prices ( Q1 - 2007)

460

470

480

490

500

510

520

530

540

550

Jan Feb Mar

($/m

tt)

Billets Slabs



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Iran Steel Rebar Prices ( 2006 )

0

100

200

300

400

500

600

700

800


($/m

tt)



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Iran Steel Rebar Prices (Q1- 2007)

660

665

670

675

680

685

690

Jan Feb Mar

($/m

tt)



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Iran Steel Beam Prices ( 2006 )

0

100

200

300

400

500

600

700

800

900

1000


($/m

tt)

Beams ( 140mm - 180 mm ) Beams ( 200mm - 300 mm )



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Iran Steel Beam Prices ( Q1 - 2007)

0

200

400

600

800

1000

1200

Jan Feb Mar

($/m

tt)

Beams ( 140mm - 180 mm ) Beams ( 200mm - 300 mm )



Hadi Hami

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Iran Steel Hot Rolled Coil Prices (2006)

0

100

200

300

400

500

600

700


($/m

t)

(2mm - 2.5mm) (2.5mm - 4mm) (4mm - 8mm) (8mm -12.5mm)



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Iran Steel Hot Rolled Coil Prices (Q1 - 2007 )

0

100

200

300

400

500

600

700

Jan Feb Mar

($/m

t)

(2mm - 2.5mm) (2.5mm - 4mm) (4mm - 8mm) (8mm - 12.5mm)



Hadi Hami

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Iran Steel Cold Rolled Coil Prices ( 2006 )

0

100

200

300

400

500

600

700

800


($/m

t)

Cold Rolled Coils (1mm - 1.5mm)



Hadi Hami

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Iran Steel Cold Rolled Coil Prices (Q1 - 2007)

600

610

620

630

640

650

660

670

Jan Feb Mar

($/m

t)

Cold Rolled Coils (1mm - 1.5mm)



Hadi Hami

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Iran Coated Steel Coil Prices ( 2006 )

0

100

200

300

400

500

600

700

800

900

1000


($/m

t)

Gi Coils (CR Base) Tinplate (0.3 mm )



Hadi Hami

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Iran Coated Steel Coil Prices (Q1- 2007)

760

780

800

820

840

860

880

900

920

940

960

980

Jan Feb Mar

($/m

t)

Gi Coils (CR Base) Tinplate (0.3 mm )



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Thanks for your attention • If you have any question regarding the presentation, the Iranian

steel market or ME steel's research capabilities,do not hesitate to contact us:

Mr Hadi Hami, Marketing ManagerEmail : [email protected] Tel : + 971 4 8873003

www.mesteel.com

Linking Steel Sellers and Buyers in the Middle east .

mailto:[email protected]


3rd Middle East Metal Conference, 12-14 May 2007, Fairmont Hotel, Dubai, UAE © 2007 MEsteel.com -...

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