All companies that produce steel sheets must list this product on the stock exchange, but a few manufacturing companies do not.
The riddle of distribution and pricing of steel sheets needed by consumers has reached such a high level that in a special news talk show with the presence of Keyvan Gardan, Director General of the Metal Industries and Home Appliances Office of the Ministry of Industry, Mines and Trade, Tahmourth Jahanbakhsh, Sales and Marketing Deputy of Mobarakeh Steel Company Iranian home appliance manufacturers were discussed.
Keyvan Gardan, Director General of the Office of Metal Industries and Home Appliances of the Ministry of Industry, Mines and Trade, noting that we have detailed statistics on domestic production units, said: “We started a project two months ago and examined the amount received, ie the amount of purchase and production.” Put on; Therefore, all production units must be located within the optimization system. He pointed out that 40% of production units are not optimized within the system, adding: “Some production units, such as automakers, receive 100% of their sheets from Mobarakeh Steel.”
*** Ability to monitor goods in a comprehensive trading system
The battalion pointed out that in the comprehensive trade system, it is possible to monitor goods, noting that in the system of the Ministry of Economy, due to tax issues, the issue is examined in terms of monitoring goods. Noting that automakers are among the groups that are not in the optimization system, he added: “One of our basic plans is to establish justice in the production of steel sheets among all manufacturers.”
The Secretary General of the Office of Metal Industries and Home Appliances of the Ministry of Industry, Mines and Trade, noting that 7 companies produce hot sheets, continued: These companies have 6 million tons of sheets that can be offered on the stock exchange; Therefore, from September, they must list all the hot sheets they produce on the stock exchange.
Noting that units outside the optimizer may operate, the battalion added: “All companies that produce sheets must list their goods on the stock exchange.” 5 companies produce cold sheet which is 2.2 million tons; Therefore, 50% of cold rolled sheet is produced in Mobarakeh Steel, which must have its supply on the stock exchange. Noting that the supply floor is for everyone, he added: “We put the amount of purchases and production together to have quotas for units.”
*** Full supply of Mobarakeh products on the stock exchange
Tahmour Jahanbakhsh, Vice President of Sales and Marketing of Mobarakeh Steel Company, continued the program by pointing out that Mobarakeh Steel offers 100% of its products on the stock exchange. .
He pointed out that according to the instructions of the cold sheet market regulation headquarters, we offer 20% in the main halls and 80% for strategic steel industries, adding: “Since 1985, Mobarakeh steel products have been offered in the commodity exchange, so Mobarakeh Steel fulfills its governing duty.” has done.
The Vice President of Sales and Marketing of Mobarakeh Steel Company stated: The supply of Mobarakeh Steel is exactly according to the planning of the Commodity Exchange, we observe the supply floor from the very beginning, so the public offering is done on the first of every month.
Jahanbakhsh, pointing out that matching means not owning goods, added: “Mobarakeh Steel’s matching is quite clear and the supply is done exclusively to real producers.” In the exclusive supply of expertise done, so we evaluate the capacity of downstream producers.
*** The problem of supplying sheets in home appliances
Hamidreza Ghaznavi, the spokesman of the Iranian Home Appliance Manufacturers Association, in another part of the program, pointing out that unfortunately we have had problems supplying steel sheets for many years, said: 8 million and 200 tons of hot sheets were produced in 1998, of which 3 million and 600 thousand tons in the commodity exchange Off-exchange.
He pointed out that the sheet that is offered in the stock market has hundreds of problems, adding: 80% of the cold sheet is in the form of matching and 20% of it is offered in the main hall.
The spokesman of the Iranian Home Appliance Manufacturers Association, pointing out that the cancellation of the transaction will create accumulated demand in the coming weeks and cause a price increase, said: “In the commodity exchange, pricing is done based on the highest rate.” In the past, the distribution of sheets for final producers was done by the Deputy Minister of Mines; Therefore, manufacturing companies that produce sheets are required to be listed on the stock exchange.
*** Price discovery is distorted
Javad Jahromi, director of commodity exchange market monitoring, also pointed out that the optimization system has been operating for two years, and said: “In these two years, this system has had some problems and a whole deal has been done in it.”
He continued by pointing out that cold rolled sheet is consumed by car manufacturers and home appliance factories: when supply in the market decreases, price discovery is distorted; Therefore, we have reflected this objection to the market regulation headquarters.
Jahromi pointed out that rents will increase when the competition ceiling limits, adding: “The number of codes that receive scholarship quotas will increase accordingly, while the price ceiling has been removed since September 1997.”
The distribution and pricing of steel sheets needed by consumers has intensified in recent months. Sheet manufacturers believe that they sell all their products on the stock exchange, and if there is a shortage in this market, it is due to unrealistic demand and the shortcomings of the optimization system. Wherever the problem arises, those in charge at the Ministry of Industry, Mines and Trade are expected to find a solution as soon as possible.
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