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News
Know about recent galvanized steel coil prices per ton
Views: 317 Update Date: Dec 15 , 2017
Over the past few weeks, exports of goods at the port of Astrakhan in Russia have been limited because Russia mostly exported food crops in autumn and therefore not have enough freighters to export other goods.
Hot rolled coil
On October 25, CFR prices for hot-rolled coils 2 mm in hardness that arrived in ports of Iran were between $ 570 and $ 575 per ton compared to $ 565 to $ 575 the previous week.
FOB Astrakhan quotation from the Russian steelmaker MMK remains at $ 553 per ton. Taking the increased freight into account, CFR quotations will reach 608 US dollars per ton, the price is unacceptable to Iranian customers.
Sources said that even if the price is so high, find the carrier of transport is also very difficult.
Less competition prompted Kazakhstan to raise the price of hot-rolled coils by $ 10 per ton, bringing the price of FOB Aktau to $ 560/ton.
The freight rate from Aktau to Nesseri Port is estimated to be US $ 15 per ton.
Cold rolled coil
On Friday, the CFR prices for cold-rolled coil 0.50-1.25mm, which arrived at Iranian ports, ranged from $ 580 to $ 615 per ton the 25th of October, from $ 595 to $ 605 per ton last week.
At the beginning of last week, some orders for cold-rolled coil in Kazakhstan were quoted at $ 565 to $ 580 per ton.
However, as of last weekend, Kazakh quoted FOB Aktau as $ 600 per ton as the supply of raw materials in the area has been reduced.
The price of imported galvanized steel coils of 0.50-1.25 mm thickness also rose, with CFRs ranging from US $ 660 to US $ 695 per ton, and CFR prices for the previous week ranging from US $ 666 to US $ 680 per ton.
China's exports to Iran 1 mm thick galvanized steel coil CFR quoted at $ 660 per ton, and from Kazakhstan 0.5 mm thick galvanized steel coil CFR offer for $ 695 per ton.
However, Iranian buyers are not much interested in imported materials because the ex-factory price of 0.5mm thick galvanized steel coil in Iran is $ 1,079 per ton.
Except the import duty of Iranian galvanized steel coils is 26%, 9% VAT and 3% import fee, which is equivalent to US $ 668 per ton, which is more attractive than imported coils of the same thickness .
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