Tag: rebar market Iran

Iranian billet prices fell by 2,500 rial/kg ($6/t) to 360,500 rial/kg ($858/t) from 27 Oct’25, while rebar declined by 4,000 rial/kg ($10/t) to 403,000 rial/kg ($958/t). Cautious optimism has surfaced after the government introduced a secondary exchange rate of $1 = 90,000 toman, which has lifted exporter sentiment. However, market liquidity remains tight as IME’s…