- Iran’s billet prices stayed unchanged at 404,500 rials/kg ($962/t) on 5 January, while rebar improved by 40,000 rials/kg ($95/t) to 520,000 rials/kg ($1,237/t).
- Domestic sentiment remains weak amid seasonal closures and geopolitical risks. A narrowing gap between official and open exchange rates has lifted exchange-traded base prices.
- Upcoming FX-free import approvals and higher customs valuations are expected to add inflationary pressure.
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