HANI Signs Cast Iron Pipe Contract With Sponge Iron Barter Settlement
Sahmino Newsroom | 1 November 2026 | 12 days ago
HANI (Hanico) disclosed a group A contract in a Codal filing on Sunday, November 1, 2026, valued at 21,443,000 million rials. The subject covers purchase, supply, manufacture, coating, inspection, packaging, loading and delivery of cast iron pipes and fittings. The form names the counterparty only as "Company A" and says settlement will be by barter against sponge iron. The signing and effective dates are both listed as November 1, 2026, and further detail is left to an attached letter.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Since this story was published, HANI rose 1.3 percent, to 9,310 rial.
Over the same days, Tehran Stock Exchange Index rose 10 percent, to 8,427,304.
Over the same days, US Dollar fell 1.7 percent, to 2,669,000 rial.
- HANI
- +1.3%
- Tehran Stock Exchange Index
- +10.1%
- US Dollar
- −1.7%
Prices to the close of 12 November
From Sahmino that week
SHHZ's six-month operating cash covered 2.6% of profit versus 89.5% on a restated trailing year; Sahmino's invalidation is 3,080 rials (November 1, 2026)
Article | 1 NovemberDividend payment: MRAM
Calendar | 1 NovemberBoard change at TOSA
Calendar | 1 NovemberIran Aluminium (ALIR) Cuts 2026-27 Sales Forecast 4.6%, but Needs 70.8 Trillion Rials a Month for the Rest of the Year, Below October's 104.3 Trillion (31 October 2026)
Article | 31 October
More from this market
HaniKo Raises Selling Prices for Its Ductile-Iron Pipes
Stocks | last monthAZAB Acquires Land for Industrial Expansion, Defers Project Impact Assessment
Stocks | 12 days agoHDYE Signs Carpet Sales Contract With Tejarat Afarin Mandegar
Stocks | 12 days agoTehran Main Index Down 2.4% by 11:36 Sunday, Holding Below the 7.7 Million Mark
Stocks | 12 days ago