1-specify product information
Determine the type, size, and brand of the rebar, as well as its weight and price, before purchasing this steel product.
Type and size of rebar:
Before purchasing, you must specify the size of the rebar you intend to buy (rebars are produced with diameters ranging from 8 to 50 millimeters).
Rebar brand:
The brand of rebar has a direct impact on its weight and consequently its quality. Although this difference may not be very noticeable, as most factories produce their rebars according to approved standards, being informed about the brand, size, style, and weight can greatly assist in making an informed purchase and selecting the rebar production factory. If you are not familiar with the differences between rebar from different factories, don’t worry! Simply seek assistance from international steel experts or gain the desired information by reading the following article.
Rebar weight:
Before purchasing rebar, it is necessary to obtain the project’s consumption weight from the project engineer to more easily determine your expenses and the type of purchase. Awareness of the rebar weight impacts the choice of suitable transportation means and the purchasing method (directly from the factory, a workshop, or a trading company). For example, when purchasing rebar from a factory, you must request a minimum order quantity (22 to 25 tons). You can find the rebar weight formula and a tutorial video on how to calculate rebar weight in the link below.
Rebar price:
Being informed about the current rebar prices is crucial for choosing the right time for purchasing and ensuring cost-effectiveness. One of the methods to monitor rebar prices is to track the prices of past days and compare the rates offered by different sellers. For this purpose, you can view the daily rebar prices from all factories through the link below.
2- Determining the purchasing method
Choosing the purchasing method is another consideration to take into account before
buying rebar. As a buyer, you can purchase from factories, workshops, trading
companies, or stock exchanges. Additionally, you should select the appropriate
method based on the volume of your purchase. Below, we will examine various
methods of purchasing rebar.
Purchasing a large volume of rebar through the method of a letter of credit (LC):
One of the popular methods for purchasing rebar in large volumes is through the use of
a Letter of Credit (LC). In this method, you have the option of purchasing on credit for a
period of 1 to 6 months. You can procure rebar on credit with bank guarantee from
reputable trading companies (such as International Steel Company) ;however, it is
essential that the bank offers LC services, which needs to be verified regularly.
Currently, Saderat Bank provides this opportunity for both buyers and sellers.
In addition to purchasing on credit through LC, the use of a bank guarantee or cheque
is also among the methods of credit purchasing.
Partial Rebar Purchase:
Sometimes it’s necessary to purchase rebar in low volumes or even in a Buying in
Branch; in such cases, the method of purchase will be limited and different.
Purchasing rebar in Buying in Branch is only possible from workshops and trading
companies because manufacturing factories do not typically sell rebar in quantities less
than a certain capacity. Additionally, the price of partial purchases will be slightly
different compared to bulk purchases.
Purchasing Rebar from the Stock Exchange:
Some rebar manufacturing factories, such as Esfahan Steel company and Khuzestan
Steel Company, offer their rebar products on the stock exchange market. This action
can be an effective measure for greater market stability. In this case, buyers can
directly purchase these products through the stock exchange. Additionally, trading
companies, by purchasing large volumes of rebar through the stock exchange, can
offer this product to customers at more favorable prices.
Purchasing Rebar Directly from the Factory:
The advantages of purchasing rebar directly from manufacturing factories are more
apparent to buyers with high tonnage purchases. This is because it is not possible to
purchase rebar in limited capacities from factories (as mentioned earlier, a minimum
order quantity of about 22 to 25 tons is required). Although purchasing from the factory
may be more cost-effective, it comes with limitations; for example, some factories do
not offer daily supply. Additionally, the long distance from the factory to the unloading
site may increase transportation costs. For these reasons, fewer individuals are inclined
to purchase rebar through this method.
Purchasing Rebar from Workshops:
For purchasing rebar in low volumes, workshops or retail warehouses are the best
options. The advantages of this method include the ability to buy rebar in small
quantities and easy access for all buyers.
Purchasing from Trading Companies:
Purchasing rebar from trading companies specializing in steel sections is another
method. These companies can offer rebar quality and price competitively. Moreover, reputable and leading trading companies in this field, such as International Steel
Company, have the capability to supply rebar daily from all factories and offer rebar on
credit via LC, as well as providing both Rebar branch and High Tonage Rebar
purchases.
3-Specifying the Unloading Location
Another important consideration before purchasing is specifying the delivery location
for the rebar. To do so, the buyer should select the nearest warehouse or factory to
their location based on the unloading site to minimize transportation costs. This factor can also influence the method of rebar purchase.
4-Specifying the Delivery Time
The last issue that needs to be determined before purchasing is the delivery time of the
product. If the buyer is in a hurry for the delivery and has made the purchase through trading companies, they should inform the sales representative in advance about this
urgency. In this case, the representative can provide the rebar from a factory with the quickest loading time. As mentioned, factories usually do not release their products on a daily basis; Therefore, it is necessary to check the exact time of supply and service before making a purchase so that the product reaches you on time.
