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Iran Steel Market Trend in Week 09th, 2025

Iran Steel Market Trend in Week 09th, 2025

Billet: Rising rebar price and supply management have led to increased billet price.

 بیلت

Long Products

Rebar: Rebar market is sluggish at the end of the year, while supply is limited due to gas and electricity outages, and prices have risen on the stock exchange.

 میلگرد

I-beam: Market management has driven up I-beam price.

 تیر آهن

Flat Products

HRC: Mobarakeh Steel co.'s market management, despite a severe recession, prevented price drops in HRC market, and the strength of the slab market contributed to this.

ورق گرم

HRP: Supported by rising slab prices, HRC market has remained stable.

اکسین

CRC: CRC is in its final week of consumption, and prices have hit their floor.

روغنی

HDG: HDG price has also hit its floor, but demand is nearing its end.

 گالوانیزه

Weekly Analysis:

In the world market:   Global prices have taken a downward trend, with iron ore facing price reductions due to Chinese production conditions. Scrap and billet prices have remained relatively stable, but the market anticipates declines as Chinese demand is weak and price drops are likely. Flat products market remains in recession, but as prices have hit their floor, significant drops are not expected.

 

In the domestic market:  As we approach end of the year, there is no significant market demand. Gas and electricity outages continue, putting pressure on supply.

There is a possibility of price drops due to the urgent need for funds by some traders and mills, but the upward trend in stock exchange prices and the gap with the market limits speculation. If the gas and electricity outages continue due to persistent cold weather, prices are likely to decline by end of the year, provided the exchange rate remains stable.

 

CBI average ex-rate for Steel Products (SANA): Rials 676,466/ 1USD
03 March 2025

M.Chitsaz
Iran Steel News Bulletin
IFNAA.IR
IRSTEEL.COM

Mar 3, 2025 09:57
Number of visit : 102

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