Tag: Iran steel outlook
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Iran: Billet prices inch up by $1/t; rebar jumps by over $25/t
Iranian billet prices edged up by 500 rial/kg ($1/t) from 10 Nov’25 to 356,000 rial/kg ($846/t), while rebar jumped by 12,000 rial/kg ($29/t) to 422,000 rial/kg ($1,003/t) amid stronger demand and limited supply. Export activity and tighter deliveries from major mills supported sentiment. Flat products also firmed slightly on better export orders, while higher gas…