The new mechanism of the Ministry of Safety in regulating the market/revising the method of supplying steel raw materials by removing the quota and golden signatures

According to the economic correspondent of Fars News Agency, the industry, mining and trade sector is plagued by many and complex issues that have accumulated over the years. To solve these issues and achieve the goals, it is necessary to design and modify the mechanisms in the form of a detailed road map, which is one of these The measures taken by the Ministry of Industry, Mines and Trade in the 13th government have been to make the regulation system of the stock market more intelligent by compiling 26 regulatory tools for commodity groups.

In this regard, the clarification of supply and demand and prices in the chain of minerals in products such as iron pellets and lumps, iron concentrates, pellets and sponge iron has been done, which led to a 174% increase in the volume of transactions in the first half of this year compared to the same period last year. has been

* Reforming the supply mechanism of steel raw materials by removing quotas and golden signatures

The reform of the supply mechanism for steel raw materials is carried out by launching a consolidated supply mechanism in the stock market by removing quotas and gold signatures and removing the restriction on the supply of raw materials for production units. The Ministry of Oil is following up for implementation and preparations have been made.

With the implementation of new mechanisms in regulating the market, despite the existence of inflation of 40% and the increase in world prices and exchange rates, the prices of many stock exchange goods decreased or were recorded.

For example, the price of hot plate at the beginning of the 13th government was in the range of 2.9 million Tomans per ton, and now it has decreased to 15.6 million Tomans per ton with a decrease of 26%.

The price of domestic rebar in the commodity exchange fluctuates between 14 and 14.5 thousand tomans ($532 with Nima) and has decreased by 15% since the beginning of the 13th government.

* Reduction of 52 thousand tomans in the price of cement

The price of cement in the market at the beginning of September last year was about 100 thousand tomans for each 50 kg bag, which with the immediate measures taken, the price was reduced to 52 thousand tomans on September 20 last year, and the price of cement even now, despite the increase in inflation and all the factors The cost has reached 48 thousand tomans.

The reform of the distribution system by using various tools, including the inclusion of the manufacturer’s price on the goods, happened for the first time, with the implementation of the scheduled programs from last year and in four stages to require the inclusion of the manufacturer’s price on the goods, from July 1401 The prices of goods with producer and consumer prices are about 35 thousand items, which were also loaded in the 124 system.

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