Weekly Average Rate (in USD) : Coke 65% CSR (FOB China) : 305.00/TON , Ferrous Scrap (FOB Rotterdam) : 382.00/TON , Ferro Chrome 0.10% C (FOB Pittsburgh) : 3.05/LB , Ferro Chrome 0.05% C (FOB Pittsburgh) : 3.50/LB , Iron Ore 65% (CFR Qingdao) : 124.19/TON , Iron Ore 66% (CFR Qingdao) : 116.76/TON , Molybdenum : 24.00/LB , Nickel (LME) : 17950.00/TON , Steel Scrap (CFR NhavaSheva) : 417.75/TON

Industries We Serve

Alloy Steels is like “Masala Tea”.
Very simply stated, Steel is an alloy of iron and carbon containing less than 2% carbon and 1% manganese and small amounts of silicon, phosphorus, sulphur and oxygen. This is “Mild Steel” or “Commodity Steel”.
When one adds different “Masala” or ingredients like Nickel, Molybdenum, Vanadium, Niobium etc to meet some desired physical, chemical and environmental properties it becomes Alloy or Special Steel. This is similar to the variety of tea options like Ginger Tea, Jasmine Tea, Honey mixed with Ginger Tea etc. that we get in the market and FMCG companies come up with new variety every now and then. This makes steel one of the most versatile raw materials that finds usage from a needle to a ship, from a nut to a rocket.
Steel has been fundamental to the whole uplift of human civilization for more than 3000 years, right from Iron Age. In our modern world, more than 3500 different grades of steel are being commercially manufactured and supplied by various mills around the world.
Blue Ocean Steels aspires to become the match maker to get you the best “Masala Steel” from around the world at the most economical price so that you say “Wah Blue Ocean”.
– Pankaj Jain, CEO/Blue Ocean Steels

Industries Where Specialty Steels Used

Aluminum
Auto/Forging
Bearing
Defense
Engineering

Mining

Nuclear

Oil & Gas

Railways

Others