The closure of the transit corridor in the Strait of Hormuz, coupled with escalating security risks in the region, has led to a severe logistics bottleneck at Bandar Abbas Iran's most critical port posing significant repercussions for global heavy industry.
Due to the blockade in the strait, vessels carrying essential raw materials for the global heavy industry sector are unable to proceed with their shipments. According to data obtained by SteelRadar, products directly related to the iron and steel sector account for over 1 million tons of the cargo currently awaiting clearance at the port and anchorage areas.
Under current conditions, shipments totaling 802,930 tons of iron ore, pellets, and concentrate, along with 212,430 tons of billets, slabs, and rebar, remain stalled due to ongoing uncertainties in the strait. This situation raises serious concerns about potential disruptions to industrial supply chains, particularly in iron and steel production.
Currently, the Specter is waiting at berth with 10,000 tons of billets, the Vanguard with 36,984 tons of slabs, and the Ocean Energy with 10,996 tons of billets. Meanwhile, the Hai Long 1 is awaiting departure clearance for a shipment of 17,000 tons of rebar.
At the anchorage area, vessels with all documentation approved and ready to berth include the Mask (25,000 tons of billets), Krakus (20,000 tons), and Momentum Phoenix (23,000 tons). Additionally, the Fantasia is awaiting operational instructions with a mixed cargo of 47,000 tons of steel slabs and billets, while the Dina Ocean is holding 22,450 tons of HBI and steel billets.
Raw Material and Mineral Shipments Halted
A massive volume of iron ore the primary raw material for steel production remains stranded within the port area. In the operational zone, the Pacific Guardina (72,300 tons), Apex Iron (45,500 tons), V Gem (72,900 tons), and Win Harmony (72,700 tons) are carrying iron ore concentrate. At the anchorage, the Eunice, with 70,750 tons of iron ore concentrate and documentation ready, has been added to the waiting list.
Furthermore, the One Force is waiting with 73,000 tons of iron ore pellets, while the V Pacific (52,000 tons) and Samir (51,500 tons) remain idle with pellet cargoes. The Jacky Glory (54,500 tons of hematite iron ore), Arsham (50,000 tons), Lucky Long (72,500 tons), Bam Star (43,000 tons), Bahjat (51,600 tons), and Kia Zand (50,680 tons) are all awaiting resolution of the strait's uncertainties with their respective iron ore loads. The Kaia, carrying 33,600 tons of DRI, is among the strategic vessels that have received berthing approval.
Energy and Other Industrial Sectors Also Affected
The crisis extends beyond the metals sector, impacting energy and other industrial segments as well. The Batis is waiting with 44,950 tons of coking coal, while the Adam A, Manassa Queen, Bereket M, and Manali are anchored at the port with a combined cargo of nearly 82,000 tons of sulfur. The Forever Win (54,700 tons of zinc and lead), Bavand and Artman (combined 105,000 tons of gypsum), Maria (27,000 tons of cement), and Great Wentao and Grammy Brave (combined over 60,000 tons of general cargo) are among the other vessels affected by the logistics crisis. Meanwhile, the Golden Forest is counting down the days to enter the port area with a cargo of 1,187 vehicles.
Logistics experts warn that if the current standoff in the Strait of Hormuz persists, volatility in global iron and steel prices will become inevitable, and the security of raw material supply chains will face serious risks.
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