
Iran Makes the World's Cheapest Rebar: It Exports an Energy Subsidy, While Its Steel Ticker Has Been Frozen for 146 Days (Friday, 24 July 2026)
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SahminoThe market is closed for the weekend. Next session: Saturday Oct 10, 2026 at 9:00 AMSahmino editorial· 3 July· Short· 00:53
From June 22 to July 1, 2026 (1 to 10 Tir 1405), rebar prices at most Iranian mills held flat or fluctuated within a narrow band, while some steel beam sizes rose 200 to 2,000 tomans on exchange-rate volatility. Meanwhile, Furnace 8 at Mobarakeh Steel, damaged in air strikes months earlier, returned to production on June 9, 2026 (19 Khordad 1405), in just 45 days versus an initial four-month estimate.

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