Fakhuz’s fundamental analysis/maintaining the stability of production and sales figures in June – Tejaratnews

According to Tejarat News, Khuzestan Steel Company has managed to increase its production to one million and 172 thousand tons this month, which is 73 thousand and 836 tons more than the average monthly production.

Also, the amount of production of this company in June this year has increased by 7.33% compared to the same period last year. But this number has decreased by 0.03% compared to last month’s production.

On the sales side, the figures are slightly different; Because the sales amount of Khuzestan Steel Company in June has increased by 1.67% compared to May of this year and by 13.54% compared to June of last year.

It should be mentioned that Fakhuz has managed to sell more than 421 thousand tons of his products in the third month of 1402.

Sales rate

The price of Fakhuz bloom and billet was recorded at 21,200,000 tomans per ton, which has increased by about three percent compared to the price of 20,500,000 tomans in April. However, the price of slabs decreased by three percent this month and reached 19 million and 700 thousand tomans per ton. The sale rate of pellets also increased by seven percent this month and reached 4.8 million tomans per ton.

This caused the company to earn eight thousand 452 billion tomans in June this year. This number has increased by 40% compared to June last year and 0.23% compared to May this year.

In general, Fakhuz had adopted a policy of stability in June this year and was able to keep its production and sales figures somewhat stable compared to May.

Read more reports on the stock news page.