<strong><br> <span>Billet</span>: The billet market remained stable. Only the weekend's exchange rate increase pushed its price up slightly.<br> <img src="" alt="بیلت" class="center-block img-responsive"> <br> <span>Long Products</span><br> <span>Rebar</span>: While the supply of rebar is limited, demand is also low. Consequently, the price did not see any significant change.<br> <img src="" alt="میلگرد" class="center-block img-responsive"> <br> <span>I-beam</span>: I-beam market demand is not serious and prices were remained unchanged by market leader. <br> <img src="" alt="تیر آهن" class="center-block img-responsive"> <br> <span>Flat Products</span><br> <span>HRC</span>: HRC 2 mm thickness in Mobarakeh was Rials 516,000 on Saturday, reaching Rials 554,000 by Wednesday. Mobarakeh Steel co's efforts to maintain the prices of other thicknesses were effective, but the rise in the exchange rate slightly lifted the overall market.<br> <img src="" alt="ورق سیاه" class="center-block img-responsive"> <br> <span>HRP</span>: An increase in demand for slab, coupled with the rising exchange rate, improved this commodity's market.<br> <img src="" alt="اکسین" class="center-block img-responsive"> <br> <span>CRC</span>: Supply restrictions and an increase in the exchange rate caused the price of CRC to rise.<br> <img src="" alt="روغنی" class="center-block img-responsive"> <br> <span>HDG</span>: The improvement in HRC market and the rise in ex-rate led to a price increase for HDG.<br> <img src="" alt="گالوانیزه" class="center-block img-responsive"> <br> <span>Weekly Analysis</span>:<span><br> In the world market</span>: The global market remains sluggish. China heavy supply continues, suggesting that the state of the Chinese steel market is also unfavorable.<br> Economists are concerned about the possibility of an economic crisis in the United States. Jerome Powell's comments that US stocks are overvalued, the strengthening of the gold market, and its increasing share in economic transactions are all signs reflecting this concern.<br> • Oil Price: Remained unchanged, staying around $65.<br> • Iron Ore: Dropped by $1 to reach $103 CFR Chinese Ports.<br> • Scrap: Stayed virtually fixed at $355.<br> • Billet: Remained at $437 FOB Black Sea.<br> • Slab: Decreased by $5 to $415 FOB Black Sea.<br> • Rebar: Increased by $5 to $550 FOB Turkish Ports.<br> • HRC: Remained stable at $460 FOB Black sea. <br> Overall, markets experienced a limited price decline, with reductions remaining in the USD 5 -10 range, as prices are believed to have already hit their floor.<br> <span><br> In the domestic market</span>: Producers are still controlling the market. Tools for this control include low supply policies and cash-only sales. However, the price slump in the global market is pushing producers to direct their supply inward (to the domestic market).<br> The imbalance between the supply of finished products and semi-finished steel cannot last for long. The domestic market recession will also be a driver for this increased supply on the exchange market, which is not expected to take much time.<br> Two main factors are influencing market conditions:<br> 1. The exchange rate.<br> 2. The gas crisis.<br> However, the current level of demand will not allow prices to improve.<br> Finally, the government is expected to activate the secondary exchange rate and lift restrictions on the commercial sector to compensate for the budget deficit.<br> <br> CBI average ex-rate for Steel Products (SANA): Rials 708,377 / 1USD<br> 17 Nov 2025 <br> M.Chitsaz<br> Iran Steel News Bulletin<br> IFNAA.IR<br> IRSTEEL.COM<br> </strong>