Iran: Billet, rebar prices remain stable amid supply concerns

Billet prices in Iran remained stable this week, supported by rising steel prices and controlled supply management. Rebar prices are firm amid limited supply, gas and electricity shortages, and price increases on the stock exchange, sources informed BigMint.

• Billet prices were stable at 324,500 Rial/kg on 3 Mar’25 as against 26 Feb
• Rebar prices stand firm at 372,000 Rial/kg on 3 Mar as against 26 Feb.