- Billet prices in Iran rose by 4,500 rial/kg ($11/t, 1%) to 377,500 ($897/t), while rebar prices were at 485,000 ($1,153/t) on 8 Dec’25.
- The implementation of the ‘Second Hall’ rate lifted base prices despite weak demand and halted exports. The rebar-HRC gap has widened to over 200,000 rials.
- High inventories, secondary resale below exchange levels, and ample mill stocks may delay full impact for at least two weeks.
Iran: Billet prices rise 1% compared to 3 Dec’25
billet price increase ferrous market update halted steel exports inflation risk Iran Iran Billet Price Iran Commodity Exchange Iran Rebar Price Iran steel market Iranian long products Middle East steel prices rebar HRC price gap Second Hall rate secondary market steel steel inventory pressure weak steel demand Iran
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