Mobarakeh Steel Closes at Six Month High as Buy Queue Tops 399 Million Shares Amid Tehran Rally
26 August 2026 · last month
Mobarakeh Steel (فولاد), the largest steelmaker on the Tehran Stock Exchange, closed at its highest price since 25 Bahman 1404 (February 14, 2026) on Wednesday, 4 Shahrivar 1405 (August 26, 2026), at 2,620 rials. According to data from Tehran Stock Exchange Technology Management Co. (TSETMC), the stock's buy queue reached 399,659,000 shares bid at 2,698 rials during today's session. The move coincided with a 2.61 percent gain in the main Tehran index and broad buying in the basic metals sector that day.
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