Fundamental analysis by کارگزاری فیروزه آسیا about Stock فولاد on 4/3/2024

🟢 Pellets are used as one of the raw materials in steel production, since the automotive and construction industries are the main consumer sectors of steel, so steel demand in these sectors affects the demand and price of pellets. Therefore, it can be said that by increasing production in the automotive sector and improving the economic situation in China, one can expect to increase imports for China's steel raw materials, which could benefit exporting companies and increase their foreign exchange earnings. In addition to this, we will probably see a increase in demand for pellets by utilizing several Professional Iron Production projects domestically. #Brokerage_Firror_Asia #Notephroke #Kenor @Firouzehasiabroke /