Steel market analysis

#Analysis_of_the_steel_market
A view of the market of iron and steel sections on September 13, 1402.

According to Foulad 24, the dollar was traded today at the price of 49,550 Tomans in the market, which was unchanged from yesterday’s price increase.

The commodity exchange hosted 196 thousand and 750 tons of steel products, and in the meantime, only 33% of the products were removed from the trading board compared to the demand.

Most of the selling points of Milgerd kept its price constant and some of the selling points increased by 50 to 300 tomans.
Except for the sizes 16 and 18, which brought an increase of 30,000 to 50,000 tomans in each branch, the other sizes did not change compared to the last announced rate.
The price of black sheet in the market increased up to 700 tomans according to the desired price of the bar owners, we can say that the average rate of increase was 200 tomans.
The corner is still standing still.
The Z profile remained constant.
Bullion increased by 150 tomans in only one company.
Industrial pipe increased by 400 tomans compared to the last announced rate.

(Prepared by Foulad24 team)

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This post is written by foolad24sale