to report of titrsanat، The latest commodity market report for Shahrivar 1404 provides an in-depth analysis of key price movements across three major sectors steel, mining, and petrochemicals

In the steel sector, the price of billet rose by 4% compared to Mordad (the previous month), reaching 307,213 rials, marking a 31% increase compared to last year’s average. This upward trend was also observed in galvanized sheets (up 6%) and rebar (up 3.2%), reflecting growing demand in domestic construction and infrastructure projects as well as in export markets

In the mining sector, iron concentrate recorded the highest monthly increase of 15%, mainly due to export policy changes and supply shortages in the domestic market. Prices of sponge iron and iron pellets rose by 4% and 1% respectively, indicating relative stability in mineral production. Additionally, copper cathode prices increased by 3%, driven by global market dynamics and currency exchange fluctuations

In the petrochemical sector, Type 2 cement experienced a modest 1% price rise, while lubcut saw a 4% price decline from the previous month—likely due to reduced demand or volatility in global oil markets. PVC and urea products showed 5% decreases and 7% volatile increases, respectively, largely influenced by global fertilizer market conditions and currency fluctuations

The key factors behind these commodity market fluctuations include changes in domestic and global supply and demand, exchange rate variations, export and import policies, production costs, and both national and international economic conditions. The expansion of infrastructure projects and export demand, production constraints in certain mines and refineries, and global volatility in mineral and oil markets are among the main drivers of recent developments

Based on Shahrivar 1404 data and comparisons with Mordad and the previous year’s averages, this report offers a comprehensive overview of the current state of essential commodities across Iran’s steel, mining, and petrochemical industries—serving as a valuable reference for economic policymakers and market participants

Ultimately, continued monitoring of market trends and consistent analysis of influencing variables will be the key to better managing these sensitive and strategic sectors in the years ahead