Railway steel prices in Iran show mixed market trends

The Iranian railway steel market is experiencing price volatility as it seeks a new equilibrium. Prices for various products are fluctuating due to differences in supply and inventory levels across different brands and sizes.

Specifically, 16mm railway steel from Zob Ahan Isfahan has decreased by 3,000 Tomans, trading at 127,027 Tomans. In contrast, 14mm railway steel from Zafarnab and Shahin Bonab both saw increases of 1,000 Tomans, with prices at 112,363 Tomans and 114,400 Tomans respectively. 14mm railway steel from Yazd is priced at 114,090 Tomans.

Market analysts note that while inflationary expectations and cost factors support prices, buyers are showing resistance to further increases, preventing a unified upward trend.