Tag: Iran Steel Production

Iran’s billet prices rose by 8,000 rial/kg to 322,500 rial/kg, while rebars increased by 5,000 rial/kg to 385,000 rial/kg on 4 Aug’25. Power outages hit industrial and household goods production, keeping billet and slab supply low. Meanwhile, prolonged economic stagnation triggered capital outflows to more active markets such as Oman. This could slow down production…