Tag: Iran billet rebar prices show mixed trend; limited output keeps market firm

Iran’s billet prices held steady at 326,500 rial/kg, while rebar slipped to 383,000 rial/kg as of 20 Aug’25. Production remains constrained by power and water shortages, while political uncertainty and potential sanctions delay decision-making. With demand at a low and supply limited, prices hinge on currency movements. A stronger export rate could lift exports, but…