How did the problems in Iran's steel sector affect the production?

This year, the product that was in short supply and high in price in the steel industry was sponge iron production. In addition, while the highest profit was given to the billet producers last year, this year it was given to the sponge iron producers.

According to the statement of Mostafa Abdolahi, Member of the Board of the Iranian Steel Producers Association; In general, producers had a difficult year as they had difficulties in obtaining raw materials. The rolling mills have been subjected to more energy restrictions and gas cuts than other units, so they continue to operate at 30-40% capacity according to the current conditions. In addition, when looking at the effect of the stock market on the market, it is seen that the increased prices of steel products in the market are due to the applied market policies.