The ministry announced the floor of the supply of steel products in the commodity exchange

According to Fars News Agency’s Economic Correspondent, Saifullah Amiri, Director General of Mineral Industries Office of the Ministry of Security, in a letter to Soltani Nejad, CEO of Iran Commodity Exchange Company, announced the limit on the supply of concentrate, pellets, sponge iron, ingots, and steel products in the Iran Commodity Exchange.

In this letter, which was sent on the 7th of Azar 1401, it is stated:

Dear Mr. Soltanijad
CEO of Iran Commodity Exchange

Subject: Determining the supply floor of concentrate, pellets, sponge iron, ingots and steel products

Hello;

Respectfully, according to the approvals of the meeting of the market regulation headquarters on November 18, 1401 and the decisions of the working group and the management of the basic goods market, the supply floor for steel ingots (billets and blooms), long sections (rebars and beams), slabs (takhtal), sheets Hot and cold will be notified for necessary action.

Obviously, that company is obliged to send the list of companies that have complied with the notified supply floor to the comprehensive trade system so that it can be used to issue an export certificate to the customs of the Islamic Republic of Iran.

Please order the necessary action. It should be noted that this letter is applicable from December 12, 1401.

Saifullah Amiri
Director General of Mining Industries Office

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