The withdrawal of cement and steel from the commodity exchange was ruled out

Majid Eshghi, head of the Securities and Exchange Organization, said regarding the concerns related to the withdrawal of #cement and #steel from the commodity exchange: Basically, the trading of goods in the commodity exchange is based on the rules and regulations established by different governments. Expert investigations show that the withdrawal of these products from the stock market can disturb the market of these products and no decision has been taken in this regard.
The head of the stock exchange organization added:
The issue of the withdrawal of these products from the commodity exchange has been ruled out; Of course, some people have criticisms of some processes, and we have recommended that in expert meetings, if there is a problem with the supply, it should be investigated and resolved.
He stated:
If there is a problem in the way the base price is determined, it should be resolved with the cooperation of the relevant institutions, sometimes the Competition Council, the Market Regulation Headquarters, or the Ministry of Markets. The problems that are raised are sometimes due to the lack of familiarity of these friends with the mechanisms of the capital market and commodity exchange, and the withdrawal of these products from the #commodity_exchange will definitely fuel more inflammation in the markets.