- Iranian billet prices held steady at 360,500 rial/kg ($857/t) as compared to 29 Oct’25, while rebar rose slightly by 2,000 rial/kg ($5/t) to 405,000 rial/kg ($962/t).
- Market activity slowed as most industry leaders attended the Kish Symposium — an annual gathering of major producers and officials.
- Prices stayed firm near the floor, though uncertainty grew over the Central Bank’s undefined “cash rate” used for export pricing.
Iran: Billet market stays quiet as Kish Symposium slows trading activity
billet market trends Central Bank cash rate Iran billet prices Iran construction demand Iran export pricing Iran metal sector Iran Rebar Prices Iran steel industry Iran: Billet market stays quiet as Kish Symposium slows trading activity Iranian steel market Iranian steel outlook Kish Symposium rebar price increase steel industry news steel market sentiment steel price stability
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