<strong><span>Billet</span>: Uncertainty resulting from the new stock market program, along with a slump in the currency market, kept billet price stable.<br> <img src="" alt="بیلت" class="center-block img-responsive"> <br> <span>Long Products</span><br> <span>Rebar</span>: Hopes pinned on the new stock market program and massive purchases on Wednesday slightly pushed up the rebar market.<br> <img src="" alt="میلگرد" class="center-block img-responsive"> <br> <span>I-beam</span>: I-beam price has reached its peak, leaving virtually no room for further increases.<br> <img src="" alt="تیر آهن" class="center-block img-responsive"> <br> <span>Flat Products</span><br> <span>HRC</span>: Two mm thickness HRC from Mobarakeh Steel Company was Rials 670,000 on Saturday, rising to Rials 692,000 by Tuesday. This market increase was driven by market-making activities combined with anticipation of further price hikes.<br> <img src="" alt="ورق سیاه" class="center-block img-responsive"> <br> <span>HRP</span>: An increase in slab prices drove up the cost of this commodity.<br> <img src="" alt="اکسین" class="center-block img-responsive"> <br> <span>CRC</span>: Price hikes of CRC were attributed to the instability of supply, the withdrawal of some major traders, and market-making by Mobarakeh Steel Company.<br> <img src="" alt="روغنی" class="center-block img-responsive"> <br> <span>HDG</span>: The primary cause of HDG price increase was the supply restriction resulting from the disruption in HRC market.<br> <img src="" alt="گالوانیزه" class="center-block img-responsive"> <br> <span>Weekly Analysis:</span><br> <span>In the world market</span>: The global market continues its quiet trend. The instability stemming from the situation in Venezuela and its potential impact on the oil market have made everyone cautious.<br> The approaching Christmas and holiday season further limits the incentive for risk-taking, resulting in trade volumes reaching a minimum.<br> It appears that Turkey is currently preoccupied with the Syrian market. Consequently, there are no exciting transaction reports coming in from other regions besides Turkey.<br> <br> <span>In the domestic market</span>: The market was characterized by anticipation last week. Sheet transactions were not as attractive as suppliers desired, as they were hoping for greater price increases. The rise in slab prices on the stock exchange was a consequence of the existing higher sheet prices in the market. While mills reportedly want to continue this trend, the market lacks the purchasing power to absorb these increases.<br> These high prices negatively affect downstream industries, such as home appliances and, subsequently, automobiles. Given the decline in public purchasing power, this price hike will inevitably lead to a recession. This massive price increase has also created difficulties with sales and invoicing, exacerbating the problem.<br> Billet offerings were significant. Cash transactions lacked appeal due to liquidity problems in the market, but competition was more intense for deferred payment sales. Similar conditions were observed in rebar transactions.<br> The stock exchange is set to raise prices for both sheet and sectional products according to its formula in the coming week. However, this increase will not be easily reflected in the physical market due to two primary issues:<br> 1. Weak Demand<br> 2. Lack of liquidity<br> It will take time for cheap warehouse inventories to reach the stock exchange rate, assuming that the exchange rate remains stable. However, if the export exchange rate in the Second Hall increases, exports will rise, and the market price will grow faster, though this growth will not match the price increases on the stock exchange.<br> <br> CBI average ex-rate for Steel Products (SANA): Rials 714,804 / 1USD<br> 15 Dec 2025 <br> M.Chitsaz<br> Iran Steel News Bulletin<br> IFNAA.IR<br> IRSTEEL.COM<br> <br> </strong>