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Steel ingot transactions in the commodity exchange
Steel ingot transactions in the commodity exchange Steel ingot transactions in the Kalader exchange on Monday, May 24, 1403, about 173 thousand tons of 5sp type steel ingots were offered in the commodity exchange. Of this amount, 55,000 tons equivalent to 32% of the supplies were sold, which includes matching transactions.
The weighted average price of 5sp bullion reached 21,002 Tomans per kilogram in today’s trading, which shows a one percent decrease compared to last week’s trading price.
The largest volume of ingots sold on this day belonged to Khuzestan Steel Complex. Most of the bullion transactions on this day were based on the base price, and the highest transaction price was related to Khuzestan steel.
Despite the increase of more than 100% in electricity and gas rates and even the tripling of some steel production inputs during this period, the price of steel ingots has not changed compared to the last 15 months, while the general inflation rate of the country during this period is estimated at 50%. will be
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