Tag: inflation risk Iran
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Iran: Billet prices rise 1% compared to 3 Dec’25
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,…