Rebar Market on September 6, 2026; Steel Price Surge Continues
The rebar and steel market on September 6, 2026 (15 Shahrivar 1405) remains on an upward trajectory, with prices of many steel products increasing.
An analysis of today’s rebar prices shows that the increase is not limited to a single mill, and a significant portion of the market has been affected by the new wave of price adjustments.
Today, 18 mm A3 ribbed rebar from Arian Foolad has increased by approximately 2,000 tomans and is priced at around 82,207 tomans per kilogram.
12 mm ribbed rebar from Zafar Bonab has also increased by approximately 3,000 tomans, reaching around 80,550 tomans per kilogram.
Meanwhile, the price of 14 mm ribbed rebar from Bafgh Yazd has risen by approximately 4,000 tomans, exceeding 82,000 tomans per kilogram.
However, the important point is that the increase in rebar prices does not necessarily mean that the construction market has fully recovered.
Weak consumer demand is still evident in the market, while a significant part of the price increase has been influenced by higher production costs, exchange rates, and inflationary expectations.
Iran Mercantile Exchange transaction data also indicates that upward pressure has originated at the beginning of the steel supply chain and is gradually being transferred to the finished-product market.
In the second week of Shahrivar, the weighted average price of sponge iron reached approximately 36,369 tomans per kilogram, representing an increase of more than 3% compared with the previous week.
The price of steel billet also increased in Iran Mercantile Exchange transactions, with its weighted average reaching approximately 65,917 tomans per kilogram.
The increase in billet prices is highly significant for the market, as higher raw material procurement costs directly put pressure on the pricing margins of rebar manufacturers.
In the September 2, 2026 (11 Shahrivar) trading session, approximately 60,000 tons of commonly used construction rebar were offered on the Iran Mercantile Exchange, with nearly 97% of the volume sold.
The weighted average rebar price in these transactions reached approximately 79,398 tomans per kilogram, representing an increase of nearly 6% compared with the previous week.
These figures show that although the steel market is facing weak end-user demand, exchange buyers remain active in the market to secure products and raw materials.
In the open market, concerns over rising replacement costs have also made some sellers more cautious about offering goods at previous prices.
Therefore, the direction of iron and rebar prices in the coming days will depend primarily on the exchange rate, steel billet prices, supply volumes on the Iran Mercantile Exchange, and the strength of actual demand.
If the upward trend in raw material prices continues, upward pressure on steel product prices may persist, although weakness in the construction market could limit the pace of these increases.
Under the current conditions, market participants looking to purchase rebar and other steel products should closely monitor not only the mills’ daily prices but also billet and rebar trading trends on the Iran Mercantile Exchange.