Tag: Iran: Steel billet and rebar prices hold steady rising utility costs weigh on production

Iran’s billet prices inched up by 500 rial/kg to 326,000 rial/kg, while rebar held steady at 380,000 rial/kg as of 13 Aug’25 (against 11 Aug). Production remained constrained by power and water shortages, with gas scarcity expected later this year. Rising utility costs, including a reported 40-fold increase in water prices, alongside electricity hikes and…