Direct-reduced iron on the Iran Mercantile Exchange
Physical Direct-reduced iron trades on the Iran Mercantile Exchange: 2 distinct goods and 12 sellers across 5 years of archive. Prices are session settlements in Toman per kilogram, ex-works at the mill warehouse, before VAT and freight.
Latest official session
Session of 9/13/26. Every figure on this page is read from that official record.
Volume-weighted settlement
41,974Toman / kg
▲ 2.2% versus the session of 9/6/26
Tonnage traded
115,500t
13 × goods · 9 × mill
Demand to supply
1.51×
Share of supply sold: 97.5%
Over base price
+14.9%
Value traded: 4,848 bn Toman
Price trend
Monthly volume-weighted settlement of “Direct-reduced iron” — this group’s benchmark good, not an average across different products.
38,843Toman / kg
▲ 15.3% vs previous month
▲ 128.2% vs the same month last year
- Low
- 7,582
- High
- 38,843
- Open
- 8,204
- Last
- 38,843
Goods in this group
2 goods traded in the past year, by tonnage. Each price is that good’s settlement in the last session it traded in, with the date beside it.
Monthly trend for Direct-reduced iron
Close chart- Low
- 8,129
- High
- 39,567
- Open
- 9,749
- Last
- 39,567
no trade for over 21 days
| Direct-reduced iron | 9/13/26 | 41,576 | ▲ 0.1% | 4,025,600 | 11 |
| Direct-reduced iron | 9/13/26 | 45,401 | ▲ 13.5% | 588,000 | 2 |
Supply and demand
Registered demand divided by supply, month by month. Above 1 means buyers competed for more than was offered. Each offer counts once, even when it settled at several prices.
1.71× this month against a 1.15× average over the previous 6 months — more competition than usual.
| Month | Supply (t) | Demand (t) | Demand to supply | Share of supply sold |
|---|---|---|---|---|
| Aug 2026 | 432,500 | 738,050 | 1.71 | 91.8% |
| Jul 2026 | 459,500 | 522,400 | 1.14 | 80.0% |
| Jun 2026 | 360,600 | 623,950 | 1.73 | 89.1% |
| May 2026 | 502,950 | 677,600 | 1.35 | 82.9% |
| Apr 2026 | 518,500 | 555,600 | 1.07 | 75.5% |
| Mar 2026 | 356,750 | 374,000 | 1.05 | 70.8% |
| Feb 2026 | 371,000 | 217,450 | 0.59 | 42.3% |
| Jan 2026 | 377,750 | 501,700 | 1.33 | 93.2% |
| Dec 2025 | 398,500 | 498,300 | 1.25 | 87.3% |
| Nov 2025 | 438,950 | 601,700 | 1.37 | 88.4% |
| Oct 2025 | 453,750 | 740,500 | 1.63 | 86.8% |
| Sept 2025 | 705,000 | 1,182,800 | 1.68 | 79.3% |
Seasonal pattern
Average month-on-month change in “Direct-reduced iron” across complete archive years. Measuring change month to month leaves annual inflation out of the figure by construction, so what remains is the month’s own behaviour.
- Farvardin1.8%4 years
- Ordibehesht2.0%4 years
- Khordad3.8%4 years
- Tir4.7%4 years
- Mordad2.0%4 years
- Shahrivar2.7%4 years
- Mehr2.3%4 years
- Aban5.2%4 years
- Azar4.5%4 years
- Dey13.3%4 years
- Bahman5.1%4 years
- Esfand4.2%4 years
Largest sellers
By tonnage actually traded over the past 12 months. Each mill’s price is its own latest session, not a multi-year average.
| Mill | Tonnage, 1 year | Share | Last session traded | Settlement |
|---|---|---|---|---|
| Iran | 996,700 | 21.6% | 9/13/26 | 42,024 |
| Iran | 686,900 | 14.9% | 9/13/26 | 42,898 |
| Tvsh Iron V Steel Gl Ghr | 602,450 | 13.1% | 9/13/26 | 43,240 |
| Khalij Fars | 588,000 | 12.7% | 9/13/26 | 45,401 |
| Ahia Astil Steel Baft | 434,050 | 9.4% | 9/13/26 | 43,057 |
| Pars | 429,750 | 9.3% | 9/13/26 | 37,081 |
| Sirjan (market label) | 359,850 | 7.8% | 9/13/26 | 43,347 |
| Snt Steel Shadgan | 111,050 | 2.4% | 9/13/26 | 42,871 |
| Complex Mdni V Snt Iron V Steel Bafq | 110,250 | 2.4% | 9/13/26 | 35,634 |
| Complex Steel Ardkan | 93,350 | 2.0% | 8/16/26 | 32,854 |
| Steel Sfid Dsht Chharmhal Vbkhtiari | 71,050 | 1.5% | 4/26/26 | 26,220 |
| Steel Ghdir Ni Riz | 60,000 | 1.3% | 10/5/25 | 17,715 |
How to read this page
The exchange publishes Rial per kilogram; only the currency is converted here, to Toman per kilogram. VAT, fees and freight are not added.
These are session trades, not a live tick. Each good trades in its own session, so “previous session” means that good’s own previous session, not yesterday.
Every average is weighted by tonnage: a 5,000-tonne lot and a 25-tonne lot do not move the figure equally.
The seasonal pattern and the demand-to-supply ratio describe past behaviour. Neither is a price forecast.
Official data source: Iran Mercantile Exchange
Latest session available: 9/13/26
Last successful fetch: 9/13/26