Iran Mercantile Exchange reports high steel product sales and upcoming billet offerings

The Iran Mercantile Exchange (IME) has reported significant activity in the industrial and mining sectors, specifically regarding steel products. On September 7, 2026, approximately 94% of the 38,974 tons of steel chain products offered were sold. High demand was noted for galvanized sheets, with 32,550 tons of demand against 24,000 tons offered, and for angle iron, which saw 18,300 tons of demand for 8,500 tons offered.

Looking ahead to September 8, 2026, several major companies have scheduled large-scale offerings of steel billets. Jahan Steel Sirjan plans to offer a total of 14,000 tons of various bloom billets. Other major participants include Chadormalu Mining and Industrial, which is offering 10,000 tons of billets, and Khuzestan Steel, which has listed 20,000 tons available through both cash and credit terms. Kaveh South Kish Steel and Arraf Steel are also scheduled to participate in the upcoming trading sessions.