اخبار ویژه
Steel in Iran | صفحه ۳ 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.
Unusual margin of steel ingots transactions
Steel ingots trading returned to the trading ring after about twenty days. Despite the growth in demand in this sector, due to the severe shortage of six in the market, there are losses in the current pricing. The unconventional margin targets the production of balance ingots in steel chain pricing. This damage should have been thought of earlier than today.
Estimating value of Iran’s mineral exports since beginning of 1400
Data released by the Customs Administration of the Islamic Republic of Iran (IRICA) show that the value of Iran's mineral exports in the third solar month of June (May 22-June 21) was $ 1.29 billion, which is an unprecedented record. The mining sector in Iran should not be overlooked by the authorities. It seems that mines alone can replace the sale of oil and Iran's oil economy.
Parliament opposes increase in export duties on minerals
In a hasty decision, the government passed an export duty on miners' performance, which was rejected by parliament. This plan is a seal of approval for the resumption of rents in the steel market. Steelmakers are looking to buy cheap raw materials. But this way will lead to the destruction of the downstream steel chain.
Return of steel ingots trading on Commodity Exchange
Steel ingots trading will be in the trading ring of the Commodity Exchange after about 20 days of closure and stoppage of supply from tomorrow. Although the market view of these offers will be positive, but there are concerns about the lack of buyers in this market. It remains to be seen how the buyer will react to the one percent price increase after 20 days of ingot supply shutdown.
Falling iron ore prices from Bloomberg’s point of view
The decline in global iron ore is significant due to China's dictatorial policies. Following the shocks in the Chinese market, the Dalian and Singapore stock exchanges were also affected by these developments and reduced the rates of iron ore and other related markets. A drop in iron ore prices could lead to a drop in demand and prices in the short term. The Chinese market will definitely have the strongest impact on the market.
Where is the rebar price limit?
The domestic rebar market is experiencing its latest uptrend these days. It seems that the rebar price ceiling has been introduced in the market in recent days. Due to exchange rate fluctuations, we have seen price peaks in the market, but the rate of 18,000 tomans per kilo for rebar is most likely the ceiling rate in the current market conditions.
The reality of Iran’s export steel market
Iran's exports are in a situation where if there is underemployment and mismanagement, there will be an irreparable setback. A study of the value of steel exports in the first nine months of this year shows that Billet and Bloom had the largest share of exports with a share of 47% in the period, followed by slabs with a share of about 27%. With the loss of countries like Iraq in the export market, we have to think of an alternative.
Negative outlook for steel economy in cutting Iraq’s export
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.
Relative growth of US imported steel beam prices
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.
Iron Ore Trading broke its support line
Iron ore trading has been accompanied by declining demand due to China's rejection. Iron ore prices fell sharply on Friday. This figure is the lowest for the base product in the last three months. It remains to be seen to what extent this route can moderate the growth of steel prices in the world market.
