<strong><br> <br> <span>Billet</span>: Billet prices remained stable due to the recession in the rebar and steel sections market; price fluctuations were mainly driven by exchange rates and credit-based supply offers.<br> <img src="" alt="بیلت" class="center-block img-responsive"> <br> <span>Long Products</span><br> <span>Rebar</span>: Rebar prices were influenced by the exchange rate. In the middle of the week, the upward trend stopped due to a decline in the exchange rate.<br> <img src="" alt="میلگرد" class="center-block img-responsive"> <br> <span>I-beam</span>: Reduced demand caused I-beam prices to fall.<br> <img src="" alt="تیر" class="center-block img-responsive"> <br> <span>Flat Products</span><br> <span>HRC</span>: In HRC market exchange rate and policy of Mobarakeh Steel Company are the main factors, and most market participants believe the upward price trend has become limited.<br> <img src="" alt="ورق سیاه" class="center-block img-responsive"> <br> <span>HRP</span>: Exchange rate fluctuations and supply restrictions led to a relative improvement in Oxin steel HRP prices.<br> <img src="" alt="اکسین" class="center-block img-responsive"> <br> <span>CRC</span>: Supply is extremely limited, which caused CRC prices to increase; additionally, exchange rate pushed prices higher at the beginning of the week.<br> <img src="" alt="روغنی" class="center-block img-responsive"> <br> <span>HDG</span>: HDG price has reached the ceiling, and the only influencing factors are the exchange rate and the supply of HRC.<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 remains calm, with prices staying stable. The May Day holidays affected the Chinese market, and naturally the Far East was also quiet. Iron ore and other commodities remained stable in price. However, there is little hope for a rapid market recovery. The closure of the Strait of Hormuz has caused stagnation, while uncertainty about the future has darkened the global investment outlook. This trend is damaging the world economy, and rebuilding it will take years, as the movement of capital and labor across the world requires time.<span><br> <br> In the domestic market</span>: Uncertainty caused by the Persian Gulf War has left investors confused. Steel sheet products, as industrial commodities, are facing supply restrictions. Imported goods are still not visible in the market, although imports themselves are contributing to higher exchange rates. Demand is severely limited because some consuming industries are shut down, while rising prices have made production uneconomical for many manufacturers. The most important issue is the liquidity shortage faced by downstream industries.<br> In the steel sections market, prices have reached their floor. Warehouse inventories are high and consumption is low. Mills are trying to prevent further price declines through supply management, but the liquidity problem remains the key factor. The gap between credit-sale and cash-sale transaction rates in both the market and the commodity exchange reflects this issue. Rising housing prices have reduced housing demand, which has naturally affected the steel sections market as well. This situation is expected to continue until the outcome of the Persian Gulf conflict becomes clear.<br> For next week, a significant price increase is unlikely unless the exchange rate changes.<br> <br> CBI average ex-rate: Rials 1,477,160 / 1USD<br> 11 May, 2026 <br> M.Chitsaz<br> Iran Steel News Bulletin<br> IFNAA.IR<br> IRSTEEL.COM<br> </strong>