Tag: Iran: Billet and 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…