Last year, the volume of steel supplies on the commodity exchange was very significant and acceptable, and large steel companies were able to continue the production path with more strength despite the sanctions. Commodity exchanges can be the beginning of transparency in domestic steel transactions.
The rolling sector in Iranian steel these days has witnessed negligence and sometimes unkindness on the part of the steel chain and the country's steel policymakers. If this sector is not considered, we will see irreparable damage and complications in the country's steel sector. Therefore, in this memo, we will refer to the challenges of the steel rolling field.
Global steel markets in February had different performances in different countries. Some have experienced production growth and other countries have reported a decline in crude steel production. This, in addition to the effects of the Corona virus, could have other economic implications.
The decline in Iran's steel exports has many reasons, but the most important of these factors was the wrong policy of the policymaker in the critical and critical market conditions. The steel standard effectively dampened the steelmakers' desire to export their products, and the exchange rate was another factor that accelerated the decline in exports.
The Chinese will return to the markets after the New Year holidays and as the largest producer and consumer of steel in the world will affect the steel markets. In such circumstances, the Iranian steel industry, which has performed well in the past two years. It needs process support from the government to be able to maintain its growing position in the face of intense competition.
Considering the decrease in inflation expectations and the clarification of the prospects of Iran's financial exchanges with other countries and the talks about the Iran-US agreement in the near future, the market has decided to wait for good days to buy in the short term. The market shows that the good days are a long way from today, and it is likely that the factors that increase the price of labor will resume their work in the steel market.
The government entered the market to protect the final consumer at a time when, for a variety of reasons, including rising dollar rates and sanctions, the cost to steelmakers had reached its highest point this year and artisans were reluctant to sell their products. The government made the upstream and downstream steel chains in conflict.
Housing prices in Iran’s metropolises have risen sharply, and in recent months, due to the collapse of all monetary and commodity markets, it has become a safe haven for certain large capitals, which, thanks to reduced oversight and sometimes wrong policies, have taken a safe path for Has provided macro capitalists. Unfortunately, the housing market […]
The 1404 vision document of the country's steel can be a turning point in the era of sanctions against this industry, and all efforts must be made to achieve it. , We must be careful of the raw material reserves needed by this industry for the future. An industry that has a very bright future in our country.
After a short period of calm in the foreign exchange market, we have witnessed the growth of the dollar price in the Iranian open market in recent days. Exchange rate calm and declining prospects The exchange rate did not last long with the political developments in the country, which gave way to exchange rate fluctuations, […]