Steel market resists and the prices are firm. Though US dollar rate in free market has reduced, the steel demand is yet strong and avoids prices to fall. But we should wait and see what the steel outlook is in future. Iran steel is demanded strongly not only in domestic market but also surrounding countries.
On the other hand there are few signs that steel girder price has been improving, demonstrating the high demand in Shahrivar. Steel market stands against the price reduction but it is not clear how long it will last? We are also approaching to Muharram and dollar rate has started a complex trend.