Steel in Iran | صفحه ۸ 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.
Price jumps in field of cans and profiles
Iran's steel market has experienced an unimaginable recession due to exchange rate fluctuations and prices approaching global trading rates. In this situation, however, some steel fields are accompanied by price growth, which, of course, do not have a stable buyer. The field of profiles, cans and sheets in the market yesterday is part of this category. Steel market movements these days are heavily focused on political issues.
Will iron ore prices rise again?
Despite the growing demand in the iron ore sector, we are witnessing fluctuations in the price of this raw material in global transactions. In its trade war with the United States, China needs to expand its industrial infrastructure. In these circumstances, the growth of iron ore prices does not reflect. So we are seeing China trying to suppress prices. In the domestic market, however, iron ore prices are reported to be rising due to the recent rise in the price of the dollar.
The new formula of base rate of ingots in commodity exchange
The growth of the base exchange rate in the commodity exchange has brought great risks for the market and the consumer in a situation where the global markets have stopped rising prices. Fear of capital inflows into the commodity exchange has deepened the recession over time, and we are witnessing a stalemate in the domestic steel sector and the commodity exchange.
Steel record in the commodity exchange in May
The record of the Commodity Exchange in Iran is in a state of instability due to the convergence of domestic prices with global markets. Perhaps in the current situation, the fall of the dollar exchange rate has helped the current situation. But if the dollar exchange rate rises again, we will see a heavier recession in the trading of the Iranian Commodity Exchange, especially in the steel sector.
Iranian steel export market last month
The growth of Iranian steel export prices in the past month was caused by many events. Rising exchange rates against rials and high global demand were the most important factors in the growth of Iranian steel export prices. The Sino-US trade war adds fuel to rising global prices. Iran must make the most of these conditions.
Reducing iron ore prices in the world market
The price of iron ore in the international market has dropped by about 10% in terms of sales due to the reduction of tensions between China and Australia. Official news agencies such as Steel Price, the Financial Times and the SMM Institute have stated in their analysis that despite the drop in prices in the iron ore sector, the losses will not be high due to the heavy wave of demand in the market and markets should be carefully monitored from Monday. Rated more.
۱۲۰% growth of steel prices since the beginning 1399
The growth of domestic steel prices in the current situation has entered a new phase. The ribbed rebar is a showcase of rising prices in the Iranian market. Reach one year interval.
Heterogeneity of domestic steel prices and ratings
In recent days, we have witnessed price deviations in the domestic steel market with the main pricing indicators. This is felt in almost the entire steel chain. The main issue has been the difference in the price of raw materials in Iran. On the other hand, the price of ingots has been reported differently according to the production bases in Iran, which has led to price ambiguities.
Who’s billion steel rents in their pockets?
Iran Steel is the tenth largest producer of steel in a situation where the issue of billions of steel rents is considered as a major problem for further development in the industrial sector.
Trading in the steel market with the fall of the dollar
In this report, we will review the latest news in the field of trading in the steel market and other products of the Metal Exchange. In general, the market is evaluated as an index due to the prevailing political climate and the downward trend of foreign exchange transactions. This trend has stabilized the prices of steel and other iron products in the commodity exchange.
