Tag: Iran rebar market
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Iran: Steel billet prices fall amid logistical disruptions, power outages
Domestic billet and rebar prices in Iran fell amid logistical disruptions and production cuts due to intermittent power outages. As a result, supply strain weighed on market sentiment, keeping trading activity subdued. Billet tags fell to 332,000 Rial/kg on 4 Jun’25, down by 6,500 Rial/kg as against 2 Jun. Rebar prices remained steady at 380,000…