<strong><br> <br> <span>Billet</span>: Billet prices declined due to weaker demand and a drop in the exchange rate. <br> <img src="" alt="بیلت" class="center-block img-responsive"> <br> <span>Long Products</span><br> <span>Rebar</span>: Weak demand and lower exchange rate led to a decline in rebar prices.<br> <img src="" alt="میلگرد" class="center-block img-responsive"> <br> <span>I-beam</span>: Lower demand pushed down I-beam prices.<br> <img src="" alt="تیرآهن" class="center-block img-responsive"> <br> <span>Flat Products</span><br> <span>HRC</span>: HRC prices edged down slightly as the market was effectively closed. <br> <img src="" alt="ورق سیاه" class="center-block img-responsive"> <br> <span>HRP</span>: Demand for Oxin co plate was weak, but higher slab prices supported an improvement in prices.<br> <img src="" alt="اکسین" class="center-block img-responsive"> <br> <span>CRC</span>: The quiet CRC market prevented any price changes. Demand remains weak, but raw material costs do not allow prices to decline. <br> <img src="" alt="روغنی" class="center-block img-responsive"> <br> <span>HDG</span>: The semi-closed market prevented any changes in HDG price.<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 caught between war, rising costs, stagnation, and stalled demand. Coal prices have risen alongside oil, while iron ore has edged higher. However, market uncertainty continues to prevent demand from recovering. Concerns over a possible closure of the Bab el-Mandeb Strait have increased, yet market participants generally believe prices have reached a floor with limited downside potential.<br> <br> <span><br> In the domestic market</span>: Arbaeen is not just a single day; it is also a religious observance and, in practice, a week-long gathering. As a result, the market was effectively closed. There are also three public holidays ahead this week, meaning the market will remain effectively shut. In the meantime, the exchange rate will be the only major driver of the market.<br> Economic indicators show that there is little room for the exchange rate to decline. This indicates underlying upward pressure on the exchange rate. It is no coincidence that pharmaceutical companies, as well as car manufacturers and importers, are buying billets in the export trading ring. <br> <br> CBI average ex-rate: Rials 1,549,310/1USD <br> 10 Aug, 2026 <br> M.Chitsaz<br> Iran Steel News Bulletin<br> IFNAA.IR<br> Irsteel.com<br> <br> </strong><br>