Sayyid Rasool Khalifa Soltani said: “Considering that decisions are made in expert meetings; Therefore, with the reduction of speculation as the biggest obstacle in the steel market, we will see good things in this field.
Secretary of the Iranian Steel Producers Association after recent events in the field of steel supply and supply floor in the stock market, warnings and ultimatums and referring to the new decisions of the Ministry of Silence in the field of steel market regulation, said: With the presence of Dr. School School at the head of the Ministry of Industry, Mines And the new trade and decisions of this ministry in the field of regulating the steel market. Fortunately, the regulation of the steel market has left the previous pivotal person and decisions are made in expert meetings.
He said that the effects of the recent decisions will gradually be seen in the steel market, adding: “For more than five months, important issues such as domestic supply program and export of steel slabs and ingots have been demanded by the association until finally in the past month.” These cases were on the serious agenda of the Ministry of Silence. This month, the program was announced in relation to slabs. Of course, it is necessary to implement properly with the consensus of production units and taking into account their issues.
*** Export of steel ingots
The secretary of the Iranian Steel Producers Association said: “The latest follow-ups of the association regarding steel ingots also indicate the finalization of the domestic supply and export program, which needs to be announced as soon as possible so that production units can produce and offer themselves on the commodity exchange.” Make the necessary plans throughout the year.
Khalifa Sultan reminded: According to the plans of the Ministry of Industry, Mines and Trade, the issue of managing the demand for steel sheets is also underway. Previous experience in organizing the demand for petrochemical products, as well as the existing responsible approach, has given us hope for the realization of optimized quotas and reduced demand for speculation, which is also the most important defective part of the steel market. The allocation of sponge iron quotas to induction smelting units is another positive step that has not yet been properly implemented.
According to an ISNA report, he stressed that although these programs may have shortcomings in implementation; He pointed out: “But for them, action is one or more steps forward, the effects of which will be gradually visible; Therefore, it seems that by speeding up the communication of decisions and solving possible obstacles to its implementation, as well as continuing the monitoring process, the steel market will come out of the recent inflammation and calm down.
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