Tehran Stock Exchange is involved in uncertainties – Tejaratnews

According to Tejarat News, the problems of industries are endless and they face a problem every season. For example, in the summer season, the electricity of the industries and in the winter season, their gas is cut off, and there is no specific plan.

This issue causes the industries to make losses instead of making profits. Currently, the problem of gas cut has caused the amount of industrial production to decrease, and on the other hand, fuel burning also damages the body of cities and the life of urban dwellers.

The next point is that the budget will be presented to the parliament in the next few days, and factors such as gas rates are very important for industries. In general, the fair determination of energy rates can determine the path of profit making for industries.

Also, in petrochemicals, gas is considered as a raw material, while it is not the case for steel companies; In fact, gas is not used as feed in factories where ironmaking takes place, but iron ore is considered as the raw material of this field, and in ironmaking, gas is considered a catalyst; That is, it creates a role between raw materials and fuel. In a way, gas plays an important role in industries.

As it was said, gas plays an essential role in industries, and not determining its rate can cause severe damage to industries.

Currently, the petrochemical, cement, steel, etc. industries are in limbo. Because, in the first place, industrial gas has been rationed, and then the uncertainty of next year’s budget has caused shareholders to wait to buy.

Currently, the cutoff of petrochemical gas and steel is a priority, and according to the situation of these two groups in the stock market, a reduction in production can cause heavy damage to the stock market.

With the reduction or interruption of gas, the amount of production of industries will decrease, and this means a decrease in the amount of profit. The decrease in profits also makes other shareholders not have the opportunity to invest in these industries, and in a way, a gas cut and the subsequent decrease in profits causes these groups to lose color in the stock market. The assignment of industrial gas rationing and budget uncertainties should be clarified, because in this situation, industries face losses.