Steel in Iran | صفحه ۱۷ از ۲۳ | آرتان پرس
Assessing amount of bubble in Iran’s domestic steel market
The steel market bubble in recent months has been linked to changes in the dollar, something that analysts have not overlooked. The maximum allowable base rate for ingots is 14,580. With a simple calculation, it can be concluded that the steel market bubble fluctuates around 8% negatively.
“Sarghini” has a plan for export of steel
Iran's mineral reserves are about 5 billion tons and the amount of extraction of these materials has increased from 120 million tons in 2003 to more than 400 million tons in recent years. On the other hand, in the production chain of items such as steel and copper, significant changes have occurred and the amount of production in these sectors is increasing.In an interview with Dr. Dariush Ismaili, the current situation of the country's mining sector and mineral industries in the year of economic leap and on the eve of the eighth year of the government of prudence and hope has been examined.Dr. Dariush Esmaili, who has been appointed as the Deputy Minister of Mines and Mining Industries of the Ministry of Industry, Mines and Trade since February 2017, believes that by delegating part of the powers of the Supreme Council of Mines to the provinces, a great change will take place in the mining sector.
Prevent the sale of raw materials by developing mines
In order to develop mines and mineral industries and export exports of processed minerals from the country, the development of mines and mineral industries in potential provinces of the country is on the agenda of the provincial resistance economy headquarters. In this regard, the Program and Budget Organization, by publishing a summary report of the most important performance of the 11th government and the 3-year period of the 12th government in the mining and mining industries, reminded the issue of mining development and prevention of crude sales. has constructed.
Global steel market conditions for steel exports are positive
"Global iron ore and steel markets have fluctuated a lot in recent weeks, mainly due to what happened in China," said a senior analyst for international minerals and steel markets. On the other hand, the world market has positive conditions for steel exports that can be used.Keyvan Jafari Tehrani added: The situation of Chinese steel imports and production reached its maximum in June and July. This is when the volume of imports approaches its peak and finally reaches saturation, after which a downward trend begins. Last week, iron ore prices rose sharply to $ 5.5 a day and went up again by $ 2, but ended the week down again by about $ 4.He continued: "In fact, this was due to heavy traffic in Chinese ports for mooring ships; This is because the number of ships in the mooring line reached 170, while in all Chinese ports for the import of iron ore / steel and the export of coal / steel, normally only 100 ships are present in the mooring port, but this increase shows the number It shows how much China needs to import iron ore and steel.
The need to stop the orderly prices of the steel chain
While the government plans to increase steel production in the country to 55 million tons by 1404; Thus, to meet this capacity, the extraction and production of 70 million tons of iron ore in 1398, should reach 154 million tons, which with the current situation, there is no prospect of achieving this amount of production. Sajjad Gharghi, while emphasizing that due to government interventions in the iron and steel chain in recent years, we are witnessing unbalanced development of this chain; "In fact, these interventions and policies have led to the closure of more than 200 iron ore mines," he said.
Steel and some good and bad news
A meeting to review the qualifications of Hossein Modarres Khiabani for the post of Minister of Silence was held on Wednesday, August 13th, and the members of parliament finally, with 140 votes against, 104 in favor and 10 abstentions, did not vote in favor of the proposed minister. Thus, the street teacher, who has been the head of the Ministry of Silence since May 12 this year and happened to take effective measures in difficult circumstances, failed to reach the ministry seat and one of the most sensitive ministries in the country will remain undecided.
Cold rollers welcome the supply of slabs in the stock market
The steel market has gone through many ups and downs in the past week. According to the website of the Iranian Steel Producers Association, after the third consecutive week of the supply of slabs in the commodity exchange, the demand for purchasing this steel product is still limited.Slabs have returned to the commodity exchange after about two years, but it seems that the mechanism for trading them in this market has not been provided yet and the rolling units have not been convinced to buy slabs through the commodity exchange. Last week, 85,000 tons of slabs were offered by Mobarakeh Steel, Khuzestan Steel and Hormozgan Steel in the non-match trading commodity exchange, of which only 25,000 tons were traded.
Production growth of GolGohar in 1399
The total sales of the products of this Golgohar company in the first 3 months of 1399 have reached 41 thousand billion Rials. Golgohar Mining and Industrial Company has succeeded in producing about 27.3 million tons of various products from the beginning of fiscal year 2009 to the end of March last year. According to Samat, by studying and reviewing the activity report of Golgohar Mining and Industrial Company with the symbol "Kegel", it can be said that this mining and industrial company from the beginning of the fiscal year to 1331.4.31 in domestic production and export of pellets, pellets and Iron ore concentrate has grown well.
Khuzestan Steel competes with the first levels of the world
Khuzestan Steel, by supplying the required ingots domestically and exporting surplus ingots, has caused its currency to be valued and injected into the market, and finally has created a map in controlling economic fluctuations. In addition, in order to support domestic industries and downstream sectors, the company seeks to meet the needs of the domestic market.The steel industry in Iran has a history of more than 50 years. Khuzestan Steel is the largest supplier of steel ingots, the second crude steel production hub in the country and one of the leading companies in the national and international economy. In this report, we will deal with the performance of Khuzestani steelmakers in the field of production, export and, of course, the stock market.
A sharp decline in crude steel sales in the steel chain
Conditioning the export of mineral products to prevent the sale of raw materials has been seriously on the agenda of those in charge of this sector in recent years, so that exporters of mineral products are required to "meet the domestic needs of the country", "pursue export currency" and "prevent cheap sales". Export products "; The current situation, according to the head of the Ministry of Industry, Mines and Trade, has led to a significant decrease in the export of "raw iron ore" compared to the same period last year. According to the statistics, before 1998, an average of 22 million tons of crude iron ore was exported from the country, which has now reached less than 3 million tons, and those in charge of this sector hope that with the continuation of this trend, this amount will soon be at a minimum. Reach.
The pulse of the beam and rebar market slowed
The steel market has been inflamed since earlier this year. Then we witnessed the unjustifiable growth trend of the price of long steel sections in the commodity exchanges and the free market.But for several days now, this growing trend has stopped and even taken a downward path. Undoubtedly, a significant part of this price decline should be attributed to the cessation of the upward trend of the dollar rate and its entry into the downtrend channel. Such unrealistic fluctuations cause irreparable damage to the country's industries. It seems that in recent months, despite the growth of steel production, its exports have decreased. It is as if prices are so high in the domestic market that producers are reluctant to sell in the global market. Meanwhile, steel production in the country is far higher than real steel demand; Therefore, the export of these products should not be reduced in any way, because in the long run, it will provide the ground for a decline in production for these industries.
