Tag: Iranian steel outlook

Iranian billet prices held steady at 360,500 rial/kg ($857/t) as compared to 29 Oct’25, while rebar rose slightly by 2,000 rial/kg ($5/t) to 405,000 rial/kg ($962/t). Market activity slowed as most industry leaders attended the Kish Symposium — an annual gathering of major producers and officials. Prices stayed firm near the floor, though uncertainty grew…