Transcript Iran Steel Market Overview

IRAN STEEL MARKET OVERVIEW
Mr. Hadi Hami, Marketing Manager
www.mesteel.com
3rd Middle East Metal Conference
The Steel Wonder of The World
12-14 May, 2007
Fairmont Hotel, Dubai, UAE
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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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3rd Middle East Metal Conference, 12-14 May 2007, Fairmont Hotel, Dubai, UAE
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Iran Steel Market
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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
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Iran Steel Production Overview - Outlook
– Semis production (per mill in 2004 – 2006)
– Finished products production
(per mill in 2004 – 2006)
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Iran Steel Production (mt) (2004 - 2006)
12,000,000
10,000,000
8,000,000
Semis
6,000,000
Finished Products
4,000,000
2,000,000
0
2004
2005
2006
Semis
8,989,640
9,574,291
9,928,081
Finished Products
9,432,800
10,594,844
11,054,015
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Iran Semis Production (mt) per mill (2004 - 2006)
2006
2005
2004
0
Khorasan Steel Co
Iran Alloy Steel
INSIG
Khouzestan Steel Co
Mobarakeh Steel Co
Esfahan Steel Co
1,000,000
2,000,000
3,000,000
4,000,000
2004
2005
2006
317,012
150,389
105,273
2,150,849
3,859,516
2,406,601
410,674
188,337
115,681
2,205,792
4,146,372
2,507,435
460,274
187,726
125,150
2,280,128
4,658,264
2,216,539
5,000,000
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Iran Finished Products Production (mt) per mill ( 2004 - 2006)
2006
2005
2004
0
Others
Ahwaz Rolling & Pipes
Kerman Steel Co
Khorasan Steel Co
Azarbaijan Steel Co
Iran Alloy Steel
Kavian Steel Co
INSIG
Mobarakeh Steel Co
Esfahan Steel Co
1,000,000
2,000,000
3,000,000
4,000,000
2004
2005
2006
300,000
293,658
110,036
555,502
573,084
162,071
465,329
692,652
3,853,548
2,426,920
730,000
320,218
103,225
603,290
525,103
180,996
480,451
852,665
4,222,644
2,576,252
900,000
224,437
102,818
644,234
553,664
182,136
439,097
1,056,076
4,609,021
2,342,532
5,000,000
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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)
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Iran steel exports (mt) per mill (2005 - 2006)
1,200,000
1,000,000
800,000
600,000
400,000
200,000
0
Esfahan Steel Co (ESCO)
Saba Complex
Mobarakeh Steel Co (MSC)
Khouzestan Steel Co (KSC)
Iran National Steel (INSIG)
Kavian steel
Iran Alloy Steel
Azarbaijan Steel
Khorasan Steel Co
Ahwaz Rolling & Pipes
2005
2006
284,232
48,889
1,052,881
927,237
143,995
1,000
17,103
17,307
13,067
32,713
213,856
70,149
1,087,701
531,274
49,530
1,782
18,891
15,570
3,732
37,487
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Total Iran Steel Exports ( 2005 - 2006)
3,000,000
Exported Quantity (mt)
2,500,000
2,000,000
1,500,000
1,000,000
500,000
0
Total Iran Exports
2005
2006
2,538,424
2,029,972
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Mobarakeh Steel Exports ( 2005 - 2006)
900,500
Exported Quantity (mt)
800,500
700,500
600,500
500,500
400,500
300,500
200,500
100,500
500
2005
2006
Hot Rolled Sheets
77,614
141,661
Hot Rolled Coils
928,861
894,089
3,537
31,101
828
1,581
1,345
9,625
40,696
9,644
Pickled Coils
Cold Rolled Coils
Coated Coils/Sheets
Slabs
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Khuzestan Steel Exports ( 2005 - 2006)
Exported Quantity (mt)
600,000
500,000
400,000
300,000
200,000
100,000
0
2005
2006
Blooms
609,696
442,148
Billets
155,902
28,597
Slabs
161,639
60,529
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ESCO Exports ( 2005-2006)
160,000
Exported Quantity (mt)
140,000
120,000
100,000
80,000
60,000
40,000
20,000
0
2005
2006
I-Beams
119,777
136,887
Rebars
98,462
76,969
Sections
65,993
0
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Saba Complex Exports ( 2005 - 2006)
80,000
Exported Quantity (mt)
70,000
60,000
50,000
40,000
30,000
20,000
10,000
0
Hot Rolled Coils
2005
2006
48,889
70,149
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INSIG Exports ( 2005 - 2006)
80,000
Exported Quantity (mt)
72,000
64,000
56,000
48,000
40,000
32,000
24,000
16,000
8,000
0
2005
2006
I-Beams
63,957
4,700
Rebars
76,497
42,581
Seamless Pipes
3,541
2,249
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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)
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Iran steel imports per product type (2004-2006)
2004
2005
2006
Alloy Steel Wires
Alloy Steel Profiles
Alloy Steel Rebars
Alloy Steel Sheets
Alloy Steel Billets
SS Wires
SS Sections
SS Bars
SS Coils/Sheets
SS Billets
Wires
Sections & Beams
Rebars
Coated Coils/Sheets
Cold Rolled Coils
Hot Rolled Coils
Billets
Alloy Scrap
Iron Scrap
Iron Powder
Ferro Alloys
Pig Iron
0
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
(mt)
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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 Profiles
Alloy Steel Wires
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Iran total value of imported steel per product type (2004-2006)
(2004)
(2005)
(2006)
Alloy Steel Wires
Alloy Steel Profiles
Alloy Steel Rebars
Alloy Steel Sheets
Alloy Steel Billets
SS Wires
SS Sections
SS Bars
SS Coils/Sheets
SS Billets
Wires
Sections & Beams
Rebars
Coated Coils/Sheets
Cold Rolled Coils
Hot Rolled Coils
Billets
Alloy Scrap
Iron Scrap
Iron Powder
Ferro Alloys
Pig Iron
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
(x1000)USD
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Iran "Average Price " of imported steel products per product type (2004-2006)
2004
2005
2006
Alloy Steel Wires
Alloy Steel Profiles
Alloy Steel Rebars
Alloy Steel Sheets
Alloy Steel Billets
SS Wires
SS Sections
SS Bars
SS Coils/Sheets
SS Billets
Wires
Sections & Beams
Rebars
Coated Coils/Sheets
Cold Rolled Coils
Hot Rolled Coils
Billets
Alloy Scrap
Iron Scrap
Iron Powder
Ferro Alloys
Pig Iron
0
500
1000
1500
2000
2500
3000
3500
4000
4500
($/mt)
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Import sources diversify,
China or CIS?
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Middle East long products imports, Ex-China per country (2006)
500
United Arab Emirates
Vol ('000) mt
400
Iran
Saudi Arabia
300
Syria
200
Yemen
Kuwait
100
Bahrain
0
Vol ('000) Mtons
United Arab Emirates
443
Iran
360
Saudi Arabia
230
Syria
202
Yemen
125
Kuwait
59
Israel
Qatar
Jordan
Lebanon
Iraq
Oman
Palestine
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Middle East flat products imports, Ex-China per country (2006)
Vol ('000) mt
350
300
United Arab Emirates
250
Saudi Arabia
200
Iran
150
Israel
100
Kuwait
Syria
50
0
Jordan
Vol ('000) Mtons
Yemen
United Arab Emirates
290
Qatar
Saudi Arabia
111
Lebanon
Iran
88
Bahrain
Israel
82
Iraq
Kuwait
22
Oman
Syria
19
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Middle East long products imports, Ex-China per country (Jan-Feb 2007)
700
Iran
Vol ('000) mt
600
Saudi Arabia
500
Rep Yemen
400
United Arab Emirates
300
Syrian
200
Kuwait
100
Jordan
0
Vol ('000) Mtons
Iran
575
Saudi Arabia
73
Rep Yemen
69
United Arab Emirates
65
Syrian
37
Kuwait
16
Israel
Qatar
Oman
Iraq
Lebanon
Palestine
Bahrain
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Middle East flat products imports, Ex- China per country (Jan - Feb 2007)
50
United Arab Emirates
Vol ('000) mt
40
Saudi Arabia
30
Israel
Iran
20
Kuwait
10
0
Jordan
Oman
Vol ('000) Mtons
Lebanon
United Arab Emirates
46
Syrian
Saudi Arabia
23
Qatar
Israel
22
Bahrain
Iran
7
Iraq
Kuwait
6
Rep Yemen
Jordan
5
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Iran Carbon Steel Prices
• 2006
• Q1-2007
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Iran Steel Semi Finished Products Prices ( 2006 )
Billets
Slabs
600
500
($/mtt)
400
300
200
100
0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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Iran Steel Semi Finished Product Prices ( Q1 - 2007)
Billets
Slabs
550
540
530
($/mtt)
520
510
500
490
480
470
460
Jan
Feb
Mar
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Iran Steel Rebar Prices ( 2006 )
800
700
600
($/mtt)
500
400
300
200
100
0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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Iran Steel Rebar Prices (Q1- 2007)
690
685
($/mtt)
680
675
670
665
660
Jan
Feb
Mar
30
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Iran Steel Beam Prices ( 2006 )
Beams ( 140mm - 180 mm )
Beams ( 200mm - 300 mm )
1000
900
800
($/mtt)
700
600
500
400
300
200
100
0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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Iran Steel Beam Prices ( Q1 - 2007)
Beams ( 140mm - 180 mm )
Beams ( 200mm - 300 mm )
1200
1000
($/mtt)
800
600
400
200
0
Jan
Feb
Mar
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Iran Steel Hot Rolled Coil Prices (2006)
(2mm - 2.5mm)
(2.5mm - 4mm)
(4mm - 8mm)
(8mm -12.5mm)
700
600
($/mt)
500
400
300
200
100
0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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Iran Steel Hot Rolled Coil Prices (Q1 - 2007 )
(2mm - 2.5mm)
(2.5mm - 4mm)
(4mm - 8mm)
(8mm - 12.5mm)
700
600
($/mt)
500
400
300
200
100
0
Jan
Feb
Mar
34
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Iran Steel Cold Rolled Coil Prices ( 2006 )
Cold Rolled Coils (1mm - 1.5mm)
800
700
600
($/mt)
500
400
300
200
100
0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
35
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Iran Steel Cold Rolled Coil Prices (Q1 - 2007)
Cold Rolled Coils (1mm - 1.5mm)
670
660
($/mt)
650
640
630
620
610
600
Jan
Feb
Mar
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Iran Coated Steel Coil Prices ( 2006 )
Gi Coils (CR Base)
Tinplate (0.3 mm )
1000
900
800
($/mt)
700
600
500
400
300
200
100
0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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Iran Coated Steel Coil Prices (Q1- 2007)
Gi Coils (CR Base)
Tinplate (0.3 mm )
980
960
940
920
($/mt)
900
880
860
840
820
800
780
760
Jan
Feb
Mar
38
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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 Manager
Email : [email protected]
Tel : + 971 4 8873003
www.mesteel.com
Linking Steel Sellers and Buyers in the Middle east .
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