Tag: steel demand Iran

Billet prices remained stable against 23 Oct’25 at 363,000 rial/kg ($864/t), while rebars inched up by 2,000 rial/kg ($5/t) to 407,000 rial/kg ($968/t). Limited billet supply, weak rolling mill activity, and sluggish demand kept prices range-bound. The government’s IME pricing formula continues to strain producers like Mobarakeh, while reduced exchange supplies risk liquidity stress and…