Articles
Neutral, dated analysis and explainers across Iran’s markets.
Mobarakeh Steel Hits Buy-Queue Lock Monday, Gains 2.99%; Still 8.1% Below Its Pre-Halt Price
Mobarakeh Steel (نماد فولاد) closed at its daily price-band ceiling on Monday, August 17, 2026, up 2.99% with buy orders at every price level and zero sellers, one day after touching its lowest price since reopening. The stock, which resumed trading August 8 after a five-month halt, is still 8.1% below its last real pre-halt trade.
Mobarakeh Steel Made Close to 100,300 Billion Tomans, Yet Kept Shareholders' Dividend Capped Over War Damage (AGM, Sunday, 2 August 2026)
Mobarakeh Steel's 2 August 2026 AGM, for a year in which parent-company net profit reached about 100,300 billion tomans, kept the cash dividend to shareholders capped. Management tied the decision directly to damage from enemy attacks, saying a larger payout would normally have been made. The Foolad symbol has also been halted for most sessions since 28 February 2026.
