- Billet prices fell 2,000 rial/kg ($5/t) to 372,000 rial/kg ($885/t), while rebar eased 2,000 rial/kg ($5/t) to 405,000 rial/kg ($963/t). Flats remained firm amid rising exchange rates.
- Currency and pricing policy tensions persisted, but export-driven demand continued to support billet. Finished steel producers restricted supply, delaying some deliveries.
- Short-term sentiment is cautiously bullish, though gains hinge on exports and currency stability.
Iran: Billet, rebar prices slip amid currency uncertainties, policy tensions
Billet Prices bullish trend construction steel currency tension exchange rates export demand finished steel supply Flat Products flats prices Iran steel market Iran: Billet rebar prices slip amid currency uncertainties and policy tensions market sentiment pricing policy Rebar Prices Rial to USD Short-term outlook Steel Exports steel industry news steel market Iran steel market update steel price movement
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