In recent days, news has been leaked in the steel market that shows that the Ministry of Energy, in cooperation with the Ministry of Silence, has taken the intellectual crisis of the steel industry into account. In this regard, a circular has reached the hands of steel market activists. According to the directive of Tavanir CEO, which was issued following the agreements of the Ministry of Silence and Energy, the steel and cement industries are allowed to produce the product from 24:00 to 8:00 AM up to 50% of the demand demand. In the following, we will explain Night steel production issue.
*** Agreement between the Ministry of Energy and Silence for night steel production
Heard and field reports of this agreement confirming the news and the start of night operations of some production units of the country’s steel supply chain; Especially in the rolling field; It tells. This can make the rollers’ palate a little sweeter. This area has been accompanied by a lot of indifference from the authorities in recent months. Maybe overnight production can reduce some of the losses in this area and the transfer of xanth to the steel sector. But in addition to this issue, it is not bad to have a look at the market behavior towards this issue.
We have observed this issue in the market, which is the reason for the emergence of sub-stores in recent days in some of the pioneers in offering affordable ribbed rebar; Relative to the official proposed rate of some principles; Justifies. The price of rebar in the domestic market has risen sharply and capitalists are looking for an excuse to briefly adjust prices and cash in this inflammatory market.
*** Evaluate the market behavior of Night steel production
Night’s production may not be to the liking of some, as it has sweetened the taste buds. For this reason, these people will not go hand in hand in the market. Their efforts to turn the market towards inflammation are more of an issue that policymakers need to focus on. As if the announcements at the moment and about these openings, contrary to the jarring and the power outages that the production line is asleep; Very poorly seen or heard; But as certain as stated; This week, if, God willing, this opening has really been created; It is natural that the fundamentals will gradually load the sales commitments created during the last two weeks, and the effect of this opening in the market will surely appear gradually.
*** Hope for the future of the steel market
It seems that some of the major producers in the country have continued the production path in these inflammatory days of the market, despite all the challenges. If the commitments delivered by the factories are successfully fulfilled this week, we will see a relative balance in the market and a return to prices. As a result, buyers are likely to return to the market little by little, and the market will reach the relative calm that everyone expects. In this analysis, we do not see any reason to evaluate dollar factors at this time because the discussion is detailed and the data available in the market is not clear enough for this factor. But assuming the dollar price stabilizes, the steel market can reach an agreed rate on its own and get out of this unprecedented recession.
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