Iran Rebar Price Today | Market Pauses After 77% Three-Month Surge
Iran Rebar Rally Pauses After a 77% Three-Month Surge as Steel Market Searches for Direction
The Iran steel market on October 13, 2026 is showing clearer signs of consolidation after one of the sharpest price rallies of the year. Most rebar quotations are now stable, while selected products have recorded modest declines, indicating stronger buyer resistance at current price levels. Vana News
Iran rebar prices stabilize after a major rally
Latest Iran rebar prices today show Kashan 18 mm A3 rebar at around 118,180 tomans per kilogram, while Arian Foolad’s 18 mm product declined slightly to approximately 108,180 tomans. Ghaem Razi and Kaveh Tikmehdash 12 mm rebar are quoted at around 107,820 and 109,180 tomans respectively. Vana News
The longer-term move has been much more dramatic. Market data show 12 mm rebar rising from approximately 78,182 tomans in July to 125,000 tomans by October 11, representing a gain of nearly 60% in three months. Prices for 14 mm and 16 mm rebar increased by roughly 76% and 77% over the same period. آوش
What makes the rally unusual is that it has taken place despite weak construction activity. Limited liquidity, slower projects and cautious end-user demand suggest that higher steel and rebar prices have been driven more by currency movements, upstream costs and inventory replacement expenses than by a construction boom. آوش
The rise is increasingly important for developers because rebar is a major cost component in reinforced-concrete structures. A 60–77% increase in key rebar sizes can significantly affect project budgets and construction schedules. آوش
High billet prices continue to support the market
Upstream costs remain a major obstacle to a deeper correction. The latest reported weighted average steel billet price in Iran stood at approximately 87,477 tomans per kilogram, around 9.6% higher week on week, with almost all offered supply sold. Chilan Online
As long as billet, energy and transportation costs remain elevated, rolling mills have limited room to make aggressive reductions in finished rebar prices even if downstream demand weakens.
More than 33,000 tonnes of steel products are also being offered today across the industrial and export halls of the Iran Mercantile Exchange, including 25,350 tonnes in the industrial and mining hall and 8,000 tonnes in the Kish export hall. Madan News
Buyer response to these offerings will be closely watched. Softer competition could reinforce the current correction phase, while strong absorption may support existing price levels.
The Iranian iron and steel market is therefore caught between weaker purchasing power and high production costs. This makes a sharp collapse less likely, but it also limits the possibility of another uninterrupted price rally.
Overall, the market appears to be entering a price-discovery and consolidation phase. Iran rebar prices, steel billet costs, currency movements and Iran Mercantile Exchange demand will be the key indicators for the next move