Fluctuations in the price of the dollar in recent days have embittered many investors and traders. The government has amassed enough liquidity from the society and now, with the growth of the dollar, it is attacking the market recession as much as possible. Continuation of this trend could face a catastrophe for Iran's economy in the field of currency. It seems that the growth of financial markets has not been ineffective in this regard.
Due to mismanagement in the energy distribution system in Iran and power outages of steel mills in Iran, we see that Turkey is taking over Iran's export markets one after another. Iraq's export route to Iran is facing challenges that the continuation of this trend can impose unemployment and declining production and economic pressure on Iran.
The rise in ticket prices in India is justified by rising environmental risks in recent days. Monsoon rains in India have reduced the rate of direct production of metal products in the country. For this reason, we are witnessing a decline in prices in the domestic markets of this country as well as in the export markets.
The price of American iron ore was affected by changes in supply scenarios in the American market with fluctuations and a growing trend. The monthly fast market assessment of this market shows that in the past month, this steel product in the US market has experienced a growth of $ 63 per ton. The relative growth of US beam prices seems to continue for several months.
Demand in Turkey’s flat steel market remained moderate during the week to Friday July 30 amid holiday season, with prices for hot-rolled coil and cold-rolled coil mixed, market sources said.