Tag: power shortages Iran

Weak demand limits broader market recovery Trade may slow during Aug due to seasonal holidays Domestic billet and rebar prices strengthened during the week ended 3 August 2026, supported by improving supply-demand fundamentals and tighter availability. Billet prices increased by 8,500 rial/kg ($6/t) w-o-w to 676,000 rial/kg ($440/t) as a better balance between supply and…