Tag: Iran: Billet and rebar prices inch up on market optimism

Iran’s billet and rebar prices rose slightly, driven more by anticipation than actual demand. After an early-week dip, prices rebounded on firmer Tehran Metal Exchange trends and hopes for clarity on pellet pricing from the Iron Ore Association. Billets stood at 312,000 rial/kg, up by 2,500 rial/kg on 16 Jul against 14 Jul’25. Rebars were…