The first step of supplying all steel in the commodity exchange has begun

Alireza Razm Hosseini, Minister of Silence, said: “Supply of all steel products in the Commodity Exchange from the plans of the Ministry of Silence to reduce the distance between the production of products and the market, prices are reasonable and balanced.” Also, the Ministry of Silence does not interfere in the pricing process of products in the commodity exchange, but supervises so that all offers are done in the desired way.

According to the economic observation report and quoted by the Radio and Television News Agency; Alireza Razm Hosseini today, on the sidelines of the unveiling of the electronic health certificate issuance center, pointed to the steel market in front of reporters and said: “The Ministry of Silence is not involved in the process of pricing products in the commodity exchange, but monitors it.”

Minister Samat added: “One of the ways to manage the steel market is the supply of all products in the commodity exchange, and the Ministry of Silence is interacting to encourage producers to offer their products in the exchange through its own tools.”

“Every buyer can buy at least 20 tons of goods from the stock exchange,” he said. “In the distance between production and the market, some people took advantage of the opportunity and raised prices. We are inside. Meanwhile, in other chains related to steel products, including automobiles and home appliances, we will soon see a balance in prices.

In the end, he said: “The first step has been started to offer the final products in the stock market, and in this regard, a good supply has been made last week, which is continuing.”

Breaking the monopoly in the car market

Razm Hosseini added: “We are looking to break the monopoly in the field of cars and we will do this.” Not only in the field of imports, but also in the field of domestic production, we must strengthen the private sector companies to compete with the car manufacturers.

He said healthy competition would increase quality as well as reduce car prices, adding: “This will increase employment and make parts manufacturers more active.”

Referring to the increase in car production in the past few months, Minister Samat said: “We anticipate that this increase will reach 50% by the end of the year.”

Razm Hosseini, stating that the people’s car obligations are being answered, added: “We are looking to increase production and regarding the import of cars, several components must be accompanied, which we are examining in expert working groups to fill the market vacuum.”