Steel in Iran | صفحه ۲ 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.
Prospect of Iranian steel in new government
Iran's steel prospects are heavily dependent on iron ore. We must carefully examine the trend of this mineral in the main government. Iron ore seems to allow prices to fall in world markets. If Iran is to pursue the growth of global development indicators in the steel sector, it must keep pace with global growth. Operating as an island in the steel market is doomed to failure.
Power Outages Inflict Weekly Losses Worth $235 Million on Steelmakers
EghtesadOnline: Deputy Industries Minister Saeed Zarandi said losses inflicted by power outages on steel mills affiliated to the Iranian Mines and Mining Industries Development and Renovation Organization have been estimated to reach $235 million per week.
Iranian steel market in hands of dollar market
Iran's steel market has experienced several ups and downs in a period of six months. The steel market has been hit hard by various corona peaks and dollar fluctuations. Under the current circumstances, the government and the dollar exchange rate will be two very key factors in determining the future price of steel. There is still no specific behavior on the part of the government that is based on an economic tactic.
iron prices in the Iranian steel market
Although the dollar has risen sharply in recent weeks, it has slowed in recent days. Despite the market resistance to prices, we see that rebar manufacturers have increased the price of their products. Yesterday, the price of rebar increased by 400 to 500 Rials per kilo. The foreign exchange market has not reacted to the Japanese foreign minister's visit, which is said to send a message to Iran. On the other hand, the situation of Herat foreign exchange market as one of the two cross-border cash foreign exchange markets is still in a state of ambiguity. Political issues seem to keep market trends on the rise.
Investigating the steel market after Nationwide closure
Nationwide closure of banks, government offices and stock exchanges will effectively disrupt the path of industrial transactions, especially in the field of iron and steel, if not closed. Most likely, after leaving the nationwide closure phase, we will see a price peak in the supply of steel products. No matter how hard the government tries to stop this price increase, it seems unlikely that it will go anywhere.
Assess the new steel export restrictions
Iran’s steel market is accompanied by many ambiguities. Until yesterday, there was talk of ambiguity in pricing and trading methods. But ambiguities seem to have entered the export route. steel export restrictions are a hot topic these days. In the market, we are witnessing export barriers in the steel sector. Even some stock market propositions […]
Iranian steel billet export prices slide in wake of decline in rebar futures
Export billet prices from Iran dropped in the week to Wednesday August 18, following the global downtrend in the rebar market.
Iranian steel production statistics in first 4 months
In July 1400, compared to June, billet and bloom production decreased by 42%, rebar production by 53%, sponge iron production by 42% and hot sheet production by 22%. The amount of hot plate production in the first 4 months of this year was 2 million 759 thousand tons, which shows a decrease of 10% compared to the same period last year.
Reduction of Iranian steel prices following China
Due to the fact that a specific trend for prices in the Iranian market in the short term is not clear, market demand has decreased. The prevalence of Delta Corona in Iran has led to a decrease in steel prices in the Iranian market. International standards have also entered into this price reduction.
First quarter report on production, import and export of Iranian steel
According to the Iranian Steel Producers Association, the apparent consumption of steel is 6.4 million tons for semi-finished products, which shows a decrease of 1% compared to the same period last year. Rebar is the largest part of Iran's steel exports. During this quarter, Iran recorded 684,000 tons of exports in this area. The total volume of Iran's rebar exports has increased by 142% compared to the same period last year
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