Tag: Iran: Steel billet export prices rise $1/t in a recent deal

Billet prices rose 2,500 rial/kg to 312,000 rial/kg, while rebar reached 380,000 rial/kg, gaining 5,000 rial/kg from 23 Jul’25. Production disruptions from power cuts, water shortages, and unscheduled closures — even affecting green electricity units — tightened supply, supporting prices amid weak demand.