CHINA REBAR: Sentiment bearish despite higher mill offers pushing up prices China import billet prices largely flat but sellers bullish Iron ore market on Chinese market holidays Alliance of Russian steelmakers to protect environment China Development and Reform Commission efforts to supply steel power
The path of diplomacy in the thirteenth government seems to continue. Possible Vienna talks may resume under the new government. The president has announced his readiness in this regard, and the Europeans have also welcomed this issue.
The outcome of recent political events and currents has led to a change in currency expectations. So that since yesterday, the free market dollar rate in backline transactions has decreased by 1.5 percent and has reached less than 25,300 tomans. It remains to be seen how long the dollar will continue to decline and what other markets, including the stock market, will react to tomorrow.
Following the controversy between the Commodity Index and the Dollar Index, and now the $ 40 gold drop and the loss of the previous $ 1,800 support floor and the current stop at $ 1760 support, many gold traders and investors have expressed concern about this market and global gold trades. They are worried.