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brightness_autoPeace be upon you and God's mercy and blessings.
According to Grand Ayatollah Khamenei and Grand Ayatollah Sistani (may God protect them):
You are not allowed to sell the iron unless you are certain that it belongs to you. However, if you are sure that the owner of the iron has abandoned it and no longer wants it, or has permitted you to sell it and take ownership, then it is permissible. In other cases, it is necessary for everyone involved to reach an agreement on a specific arrangement.
May you be successful in all good.
Source:
Grand Ayatollah Khamenei (may God protect him): Answers to Questions - Borrowed and Deposited Items - Q 1827 + 1228 + Tahrir al-Wasilah, Usurpation, M 3
Grand Ayatollah Sistani (may God protect him): Selected Issues, Rulings on Usurpation, Issue 1135