- Iranian billet prices fell by 2,500 rial/kg ($6/t) to 360,500 rial/kg ($858/t) from 27 Oct’25, while rebar declined by 4,000 rial/kg ($10/t) to 403,000 rial/kg ($958/t).
- Cautious optimism has surfaced after the government introduced a secondary exchange rate of $1 = 90,000 toman, which has lifted exporter sentiment.
- However, market liquidity remains tight as IME’s rigid pricing and reduced mill supply strain operations, leaving major producers under increasing financial pressure.
Iran: Billet, rebar prices ease by up to $10/t
billet export Iran Iran billet prices Iran Mercantile Exchange Iran metal market Iran Rebar Prices Iran secondary exchange rate Iran steel industry Iran steel prices Iran: Billet and rebar prices ease by up to $10/t Iranian steel market Iranian steel mills Mobarakeh Steel rebar market Iran steel liquidity crisis Iran steel price trends Iran steel production Iran
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