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Less prosperity in the export of final products 1403

According to Tehran’s Horizon Economic Service, Saeed Askarzadeh, an expert in the steel industry, made a statement about the status of Iranian steel in global markets. He pointed out that due to the conditions of the sanctions, global buyers are now unwilling to buy steel products from Iran. Therefore, solutions such as long-term contracts should be sought to avoid the problems of Iranian companies. In this type of contracts, both buyer and seller guarantee long-term purchase and sale.

Askarzadeh stated that the year 1402 is considered as an exceptional year for the steel chain. He stated: The big producers in the upstream made a lot of effort; Because they were able to supply and sell the products stored in the last one or two years to the world markets at reasonable prices. If these products had remained in the country’s warehouses, today we would have experienced very different conditions and the prices would have dropped drastically.

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