Analysis of the status of Iran and the world steel market in the 39th week of 2024 world market following the new policy of the Chinese government, the market situation of this country improved, but the outbreak of the Lebanon war affected the investments. The change in the current situation in China is promising, but China is going the same way that Japan went in the 90s, so we should not be too hopeful unless the Chinese have another method. Currently, oil, scrap and ingots are almost stable and it seems that until the end of October Also, don’t see a serious change in the markets, and these markets will wait for the results of the events in the Middle East for the time being. Domestic market Currently, on the one hand, demand is extremely low in the domestic market, and on the other hand, and more acute than that, there is the country’s liquidity problem, which imposes heavy pressure on the market. This situation cannot continue for a long time, because the pressure of this problem increases the obligations of the banks and aggravates the conflicts. Last week, out of 240,000 tons of rebar, only 28,000 tons were sold, and the sheet market went into a coma due to the bankruptcy of a banker last week. While the supply of imported hot and cold sheets has narrowed the market, it seems that we will see a drop in the price of sheets in the coming weeks. In the previous week, several mills held tenders for buying bullion, which is likely to intensify to compensate for lagging rebar demand. In general, the prediction of most of those involved is that the steel market will struggle with recession for the time being.