Tag: rebar steady on cautious buying

Iran’s billet prices fell by 10,000 rial/kg ($7/t) to 451,000 rial/kg ($334/t) on 9 Feb’26, while rebar prices remained unchanged at 600,000 rial/kg ($445/t) Demand weakened amid political uncertainty, tight liquidity, and pre-holiday caution limiting fresh buying interest, pressuring billet prices while discouraging active restocking. Exchange pricing distortions and off-market sales weighed on billet sentiment,…