Iran: Billet, rebar prices witness mixed trend at week’s start

  • Iran’s billet prices inched up by 3,000 rial/kg at 329,500 rial/kg, while rebar dropped by 3,000 rial/kg to 380,000 rial/kg as of 25 Aug’25.
  • Production of both commodities remained restricted by power shortages, though these may ease from mid-Sep’25.
  • However, billet demand was weak, while rebar trade was moderate on credit-based sales, with its market prices significantly lower than stock exchange values.
  • Moreover, inflationary pressures exerted downward pressure.

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