- Iran’s billet prices rose by 8,000 rial/kg to 322,500 rial/kg, while rebars increased by 5,000 rial/kg to 385,000 rial/kg on 4 Aug’25.
- Power outages hit industrial and household goods production, keeping billet and slab supply low.
- Meanwhile, prolonged economic stagnation triggered capital outflows to more active markets such as Oman. This could slow down production in the long term and push up billet prices.
Iran: Steel billet prices rise amid slow supply flow
billet market Iran billet supply shortage Iran capital outflow Iran Iran billet outlook Iran Billet Price Iran economic stagnation Iran Rebar Price Iran Steel Production Iran: Steel billet prices rise amid slow supply flow Oman steel market power outages Iran industry slab production Iran steel prices Middle East
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