Tag: Iran: Steel billet prices inch up amid supply disruptions

Iran’s billet prices climbed up by 2,500 rial/kg d-o-d to settle at 314,500 rial/kg, while rebar remained unchanged d-o-d at 380,000 rial/kg on 30 Jul’25. The slight uptick in billet prices could be attributed to supply woes. Production continued to be hampered by power shortages, even at green electricity units.