- Iran’s billet prices rose by 8,000 rial/kg to 341,500 rial/kg on 1 Sep’25, while rebar gained 5,000 rial/kg to 385,000 rial/kg.
- Demand was weak, but limited supply and high production costs pushed up prices.
- Steel exports may pick up in the short term, but if new sanctions are imposed within 30 days, the market could slide into recession.
Iran: Limited supply pushes billet, rebar prices higher; sanction threat looms
billet price Iran September 2025 Iran billet prices Iran Rebar Prices Iran sanctions impact Iran steel demand Iran Steel Exports Iran steel market Iran steel production costs Iran: Limited supply pushes billet and rebar prices higher; sanction threat looms rebar price Iran September 2025 steel supply shortage Iran
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