Basic Metals
The companies operating in this industry range from steel companies and steel parts to copper, zinc, lead and aluminum industries. The growth of the country's basic metals industry in recent years has increased the value of this industry for the country and therefore is a strategic industry and considered in macroeconomic decisions.
Depending on whether the products of companies in this industry are sold domestically or exported, various factors affect their profitability. In the case of exporting companies, the exchange rate and world prices of base metals play the most important role in their revenue. While the sales rate of domestic products is usually determined by order and with the approval of the Ministry of Industry, Mines and Trade. In the long run, however, domestic and foreign sales rates will eventually become almost equal. Attention to domestic and global target markets and energy carrier rates is also an important factor in the growth of the profitability of base metal companies.
Depending on whether the products of companies in this industry are sold domestically or exported, various factors affect their profitability. In the case of exporting companies, the exchange rate and world prices of base metals play the most important role in their revenue. While the sales rate of domestic products is usually determined by order and with the approval of the Ministry of Industry, Mines and Trade. In the long run, however, domestic and foreign sales rates will eventually become almost equal. Attention to domestic and global target markets and energy carrier rates is also an important factor in the growth of the profitability of base metal companies.