Billet: Billet price remained stable due to the slowdown in the long steel products market.
Long Products
Rebar: Rebar demand was weak, but supply has become limited.
I-beam: Market management kept beam prices stable, although demand remained weak.
Flat Products
HRC: Demand level did not allow hot-rolled coil prices to increase; buyers have shifted toward similar products such as Gilan sheets instead of Mobarakeh Steel co products.
HRP: Demand for Oxin plates was weak, leading to a price decline.
CRC: Due to subdued demand, CRC price retreated.
HDG: With declining demand and lower HRC prices, HDG market also moved downward.
Weekly Analysis:
In the world market: The global market remains relatively calm. With warmer weather in Europe, electricity prices have declined by 16% to 29%, depending on the country. Given the ongoing recessionary conditions, this situation does not allow for price increases. The Chinese market is also sluggish and is waiting for conditions to change.
There are no signs of market improvement in the near future. For now, politics is dominating the economy.
In the domestic market: Demand was weak across all products, but two factors are currently influencing the steel market.
First, rising costs are gradually affecting production costs, and second, power outages are limiting supply. Power cuts will reduce demand for steel sheets, but in the long products market they will lead to lower supply. Electricity shortages will put production under pressure.
Under the current conditions, price increases for long steel products are inevitable. However, in the sheet market, the supply of imported sheets is expected to stabilize the market and push prices lower. The main factor affecting prices remains the exchange rate.
CBI average ex-rate: Rials 1,472,895 1USD
25 May, 2026
M.Chitsaz
Iran Steel News Bulletin
IFNAA.IR