- Iran’s billet prices rose by 3,000 rial/kg to 325,500 rial/kg, while rebars remained unchanged at 385,000 rial/kg on 6 Aug’25.
- Domestic supply tightened due to electricity and water shortages, pushing production lower, and supporting billet and HRC prices.
- Globally, prices have reached a floor amid Chinese export pressure and US tariffs, preventing further declines and lending stability to billet and HRC tags.
Iran: Steel billet prices inch up amid supply constraints
BigMint steel news billet price rise Iran Chinese steel exports impact electricity shortage Iran steel global steel market trends HRC prices Iran Iran billet prices Iran Billet production Iran Rebar Prices Iran steel market Iran steel supply shortage Iran: Steel billet prices rise by $1/t d-o-d on supply constraints rebar market Iran steel demand Iran US tariffs steel market water shortage Iran steel
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