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[BUSINESS] · Iran · 6 sources

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Iran Commodity Exchange announces new industrial product admissions

The Iran Commodity Exchange has announced several new product admissions and upcoming supply schedules for industrial materials. Following the 479th meeting of the supply committee, 17 new announcements were issued for both main and secondary markets, including products such as phthalic anhydride, copper wire, polyethylene, and various steel and aluminum ingots.

In the cement sector, Shahrud Cement Company has scheduled the supply of various Portland cement types in both jumbo bags and 50kg bags, with some transactions requiring settlement in US dollars. Other major suppliers including Sepahan Cement and Esfahan Cement are also participating in the exchange with various cement grades.

Additionally, the steel market is seeing price fluctuations in iron rails. Prices for specific brands, such as Isfahan Steel Company and various Nabane brands, have shown upward trends driven by production costs and inflationary expectations.

Entities

Esfahan Cement · Iran Commodity Exchange · Iran Khodro · Iran Mercantile Exchange · Isfahan Steel Company · Saipa · Sepahan Cement · Shahrud Cement Company