While Iran’s economy struggles under the simultaneous pressure of chronic inflation, sharp exchange rate fluctuations, and a slowdown in construction activity, the latest Iran Mercantile Exchange data for Aban 1404 paints a distinct picture across all four main fronts of the market. In this landscape, copper—posting an approximate 18% month-on-month increase and a 100% year-on-year surge—stands at the epicenter of volatility, while steel, cement, and petrochemicals, each under the shadow of high energy costs, export restrictions, and weakening domestic demand, are seeking a new balance between pricing and survival.