Mobarakeh Steel Reopens After Five Months and Sits 10.6% Below Its Pre-War Price; Its P/E Is Half the Sector's (Wednesday, August 12, 2026)

Mobarakeh Steel's ticker (FOLD) reopened on August 8, 2026 after roughly five months of suspension, trading 10.6% below its last pre-war price, in a year the company posted a 33-year production record and net profit near 100,300 billion tomans. Its P/E is 4.4x, half the sector average, and the company still has not disclosed a precise war-damage figure.