Iron and Steel

8% increase in Marrakesh`s steel delivery to the domestic market/Reduced imports due to increased supply of domestic steelmakers

8% increase in Marrakesh`s steel delivery to the domestic market/Reduced imports due to increased supply of domestic steelmakers
Mining News Pro - In July, the delivery of Mobarakeh Steel products to the domestic market grew by 19% compared to the same period last year, of which the delivery of hot-packet to domestic market with a significant growth of 54% reached 439 thousand tons a month.
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According to Mining News Pro - In the first quarter of 2018, the delivery of products to the domestic market increased by more than 10 percent over the same period last year to 37,000 tons in the color sheet.

Mahmoud Akbari said the announcement said: "Following the policies aimed at providing the country with the most needed downstream industries, the volume of goods delivered to the domestic market in the first quarter of 2018 increased by 8% compared to the same period last year to 2 million 50 thousand tons, of which a million 282 thousand tons were delivered to the domestic market and grew by 24 per cent in the first quarter of 2017.


 Sales and marketing director of Mobarakeh Steel announced that 28 percent of Mobarakeh steel products had been allocated to pipe manufacturers and construction companies, adding that the share of complementary industries was 19 percent, car makers 11 percent, metal structures 11 percent, and fluid transmission pipelines 5 percent. The biggest customers are Mobarakeh Steel.

He continued emphasizing on the importance of presence in export markets. In the export sector, the continued presence of effective in this market was aimed at meeting the needs of the company`s currency, while maintaining the balance of domestic markets, presence in export markets with the supply of surplus products The country`s need for consumption was the target and operational stratum.

Referring to the supply of Mobarakeh Steel products to the domestic and export markets, he said: Considering the constructive and effective role of Mobarakeh Steel in supporting the industry and the economy of the country, the volume of the supply of various products along with the 25th anniversary of the company`s opening from 100 million tons A total of 82% of it was allocated to the domestic market and was directly provided to downstream industries.

Akbari called attention to the production of special and high-value products as another Mobarakeh steel strategy, adding: "Last year, the development of a basket of products focused on the sale of special products (high value added), as in previous years, as One of the strategic goals of the company was; in this regard, the volume of sales of these products, such as the types of API sheets required for the oil and gas industry, quality sheets, IF sheets, and microalloys required by the automotive industry, and ... reached a million and 438 thousand tons This is equivalent to 20% of total sales.

He added that the import of flat steel products to the country in the first quarter of 2018 amounted to about 50% and in hot products, 68% compared to the same period, which was achieved due to the increase in the supply of steelmakers inside such as Mobarakeh Steel, and this Indicates that the supply was adequate and in line with the domestic market conditions for steel products by Mobarakeh Steel.

Deputy Director of Mobarakeh Steel Sales and Marketing said: "By 2018, according to the growth of production capacities, planning for the sale of 7,600,000 tons of Mobarakeh Steel products will be on the agenda.


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