Ehya Steel Foolad Baft presented for a Farabourse listing, a sponge iron producer with the highest price on the commodity exchange
Aug 1, 2026
The first press conference introducing the shares of Ehya Steel Foolad Baft was held at Iran Farabourse on Saturday 1 August 2026 (10 Mordad 1405), attended by the company's managers and capital market reporters.
Yaghoub Hatami, the company's chief executive, said the company was founded and registered in 1394 (2015 and 2016) and that phase one of Foolad Baft came on stream in Farvardin 1398 (spring 2019). He said two sponge iron units are currently in operation at the complex.
Hatami said the company's main product is sponge iron and that its quality is such that it currently commands the highest price on the Iran Mercantile Exchange. Sponge iron, or direct reduced iron, is the middle link of the steel chain and the main feedstock for electric arc furnace steelmakers. An introductory press conference is the stage before a company's shares are listed and offered on Iran Farabourse, with the timing and terms of the offering announced in the exchange's official notices.
Media
Press conference introducing the shares of Ehya Steel Foolad Baft at Iran Farabourse, 1 August 2026
Source: سنا
Source
پایگاه خبری بازار سرمایه ایران (سنا)
Related news
Iranian mining investment chief says steel industry margins fell from 36 percent in 1400 to about 12 percent in 1404
Ardeshir Saadmohammadi, chief executive of the Mines and Metals Development Investment Company, said on the sidelines of a steel and mining think tank seminar that the profit margin of Iran's steel industry has fallen from about 36 percent in the year 1400 to about 12 percent in 1404, with part of the decline caused by higher energy carrier prices. The remarks were published on Saturday 1 August 2026. He added that if the current trend continues, energy carrier prices in Iran will approach global levels within at most three years, and that under those conditions replacing existing technology would be the only way to preserve profitability and keep the industry attractive to investors. Saadmohammadi also pointed to international carbon dioxide emission requirements, saying exporters who fail to provide carbon emission certificates will face heavy tariffs and penalties. Referring to the continuing electricity shortage facing the steel industry, he said moving toward new technologies is no longer a choice but a necessity.
بورس نیوز · Aug 1, 2026
Chinese Steel Rebar Prices Hit Their Lowest Since October 2025 as Tangshan Mill Losses Passed 100 Yuan a Tonne
Steel rebar futures in China fell to around 3,010 yuan a tonne, their lowest level since October 2025. According to Trading Economics on Friday, 31 July 2026, widening losses at Chinese steel mills and a deteriorating industry outlook continued to weigh on the market. Industry data showed that average losses at steel mills in Tangshan have passed 100 yuan a tonne and are expected to keep widening, leaving the sector likely to remain under pressure next month. China's prolonged property downturn has also curbed steel demand, as construction accounts for roughly one third of the country's steel consumption and the bulk of rebar usage. Investors are awaiting the outcome of the Politburo meeting in Beijing, where policymakers are widely expected to refrain from announcing major new stimulus and instead focus on implementing existing fiscal policies to support the slowing economy. The benchmark steel price was recorded at 2,993 yuan a tonne on 31 July, down 1.74% over one month and 6.85% compared with a year earlier.
Trading Economics · Jul 31, 2026
Iron ore edges lower on the Dalian exchange on Wednesday, with the main contract closing at 739 yuan a tonne
The main iron ore contract on China's Dalian Commodity Exchange closed at 739 yuan a tonne on Wednesday, 29 July 2026 (7 Mordad 1405), down 0.27% from the previous session. Spot prices at Qingdao port were also reported one to three yuan a tonne lower than the previous day. According to the daily iron ore index report, traders showed moderate willingness to quote and steel mills bought mostly for essential needs, leaving spot transaction sentiment generally weak. Iron ore is the principal raw material in the steel chain, and China is the world's largest buyer. Price trends on Chinese exchanges matter to Iran's steel industry, because they feed into both export prices for billet and pellets and the profit margins of steel companies listed on the Tehran exchange.
Hellenic Shipping News · Jul 29, 2026
Foolad Mobarakeh says rebuilding production lines would take one to two years without localised equipment
Gholamreza Salimi, deputy for operations at Foolad Mobarakeh, set out the company's work on equipment risk management, preparedness against military attacks, prevention of secondary explosions, damage assessment and the rebuilding of production lines, speaking on the sidelines of a production sustainability conference in an interview with a steel sector reporter. Tejarat News published its account of the interview on Tuesday, 28 July 2026 (6 Mordad 1405). According to that report, rebuilding the complex's production lines would take one to two years without localised equipment. Foolad Mobarakeh is Iran's largest steel producer and one of the heavyweight names on the capital market, and the timetable for restoring its production lines feeds directly into the supply of steel sheet in the domestic market. IMIDRO figures published earlier this week show Iran's steel billet output fell 5.7 percent in the 1403 Iranian year, from 32.108 million tonnes to 30.285 million tonnes, meaning the steel chain was already trending lower before recent events.
تجارتنیوز · Jul 28, 2026