Iran billet, rebar prices show mixed trend; limited output keeps market firm

  • Iran’s billet prices held steady at 326,500 rial/kg, while rebar slipped to 383,000 rial/kg as of 20 Aug’25.
  • Production remains constrained by power and water shortages, while political uncertainty and potential sanctions delay decision-making.
  • With demand at a low and supply limited, prices hinge on currency movements.
  • A stronger export rate could lift exports, but near-term price drops appear unlikely.

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