Tag: Iran’s steel market show mixed trends: billet slips and rebar gains

Iran’s steel market showed mixed trends last week. Billet slipped to 341,500 rial/kg, while rebar remained strong at 376,000 rial/kg, supported by active stock exchange trades that helped long products resist deeper cuts. Flat products — Mobarakeh’s HRC 2 mm dropped by 14,000 rial/kg to 442,000 rial/kg. Overall sentiment is cautious, with political developments, exchange…