Median price per kilogram including VAT, for sessions with sufficient quote and mill coverage
125,000Toman
excluding VAT 113,636
▲ 65.8% · 58
Low
74,500
excluding VAT 67,727
High
125,500
excluding VAT 114,091
Open
75,400
excluding VAT 68,545
Last
125,000
excluding VAT 113,636
Daily notes
20 notes, Oct 13, 2026 to Nov 4, 2026
Yesterday
Written automatically from this page’s own data
Welding wire11↑ 0↓+6.3%up
Welding electrode4↑ 0↓+5.1%up
Galvanized pipe11↑ 0↓+4.1%up
Plain rebar0↑ 11↓−2.9%down
Case-hardening steel3↑ 0↓+2.7%up
Scaffolding pipe6↑ 0↓+2.2%up
Median rebar including VAT held at 125,000 toman/kg, down 0.3% from 125,325 in the previous session, unchanged against a week ago and up 4.2% from 120,000 a month ago. Breadth was negative, with 91 products up and 171 down, reversing the previous session's 301 up and 87 down.
What moved it
The steel market moved, not the rial. The free-market dollar eased 0.9% to 268,900 toman while rebar slipped 0.3%, so rebar in dollars, before VAT, edged from 422 a week ago to USD 423/t ex works today. On the Iran Mercantile Exchange, 53 lots from 33 mills met demand to supply of 1.43, with 86.4% of the offer sold and settlements 8.6% above base; mills sell there and catalogue merchants resell what they bought, so a strong settlement usually shows in counter prices a few days on.
For buyers in the Gulf
The ex-works dollar level to price against is USD 423/t for median rebar, before VAT. The domestic move was a steel correction rather than a currency one, so the dollar figure has held near its week-ago level even as toman prices softened. Rebar 14–20-A3 settled at USD 397/t ex mill, before VAT, against US Midwest HRC futures at 1365 USD/st.
2 days ago
Written automatically from this page’s own data
Sheet A2834↑ 0↓+13.6%up
Pre-painted sheet4↑ 0↓+8.7%up
Hot-rolled sheet (HRC)0↑ 3↓−3.4%down
Sheet A5164↑ 0↓+1.8%up
Industrial profile6↑ 0↓+1.7%up
Galvanized sheet0↑ 14↓−1.4%down
Median rebar held at 125,325 toman/kg including VAT, effectively unchanged from the previous session's 125,400 and a run of no clear direction. Against a week ago it is up 0.7% and against a month ago up 8.5%. Breadth was positive, with 301 products up and 87 down, against 264 up and 76 down in the previous session.
What moved it
The steel market, not the rial. The free-market dollar slipped 0.3% to 271,310 toman on the day, while rebar in dollars, before VAT, stands at USD 420/t ex works against 418 a week ago and 391 a month ago — so the ex-works dollar level has firmed over both spans even as the toman price went nowhere on the session. On the Iran Mercantile Exchange, demand to supply was 1.27 across 36 lots from 24 mills, with 98.3% of the offer sold and settlements 7.6% above base; mills sell there and catalogue merchants resell what they bought, so a strong settlement usually shows in counter prices a few days on. I-beam 14 & 16 settled at 105,366 toman/kg before VAT, ex works, or USD 388/t ex mill.
For buyers in the Gulf
The figure to price against is USD 420/t ex works, before VAT, for median rebar. A domestic market that is flat in toman while the dollar eases is not getting cheaper in dollar terms, and the month's move shows the dollar level has already travelled. Against the delayed world prints listed, US Midwest HRC futures at 1405 USD/st and iron ore 62% Fe at 91.25 USD/dmt CFR China sit on different bases, so the comparison is directional only.
3 days ago
Written automatically from this page’s own data
Aluminium sheet30↑ 2↓+4.4%up
Scaffolding pipe6↑ 0↓+2.8%up
Hollow section8↑ 0↓+2.6%up
Gas pipe7↑ 0↓+2.5%up
Iranian channel9↑ 0↓+2.5%up
Sheet A2834↑ 0↓+2.4%up
Median rebar including VAT rose to 125,400 toman/kg, up 0.3% from 125,000 the previous session, the first rise after one falling session. It stands 1.5% above the week-ago level of 123,500 and 15.0% above 109,000 a month ago. Breadth was positive at 264 products up against 76 down, though narrower than the previous session's 365 up and 57 down.
What moved it
The currency, not the steel market. The free-market dollar rose 0.3% to 272,175 toman, matching rebar's 0.3% gain in toman terms, and rebar in dollars was unchanged at USD 419/t ex works before VAT against the previous session. Over the month the dollar added 1.4% while rebar in dollars climbed from 369 to 419, so the domestic rally has outrun the rial. On the exchange, demand to supply was 1.07 and settlements ran 10.0% above base, with steel billet (150×150)5SP at 85,431 toman/kg before VAT, ex works, down 11.2% against that good's own previous session.
For buyers in the Gulf
The ex-works dollar level to price against is USD 419/t for median rebar, before VAT, unchanged on the session. A toman price that rises in step with the rial leaves the dollar cost where it was, and the month's pattern is a dollar level that has moved up with the domestic market rather than with the currency. Billet on the exchange settled at USD 314/t ex mill, before VAT, after its own decline.
4 days ago
Written automatically from this page’s own data
Checkered plate11↑ 0↓+4.5%up
Gas pipe6↑ 0↓+3.6%up
Spiral-welded pipe10↑ 0↓+3.0%up
Aluminium profile15↑ 0↓+2.6%up
Pre-painted sheet10↑ 0↓+2.1%up
Cold-rolled sheet (CRC)51↑ 0↓+1.9%up
Median rebar including VAT fell 0.4% to 125,000 toman/kg, the first decline after three rising sessions, from 125,500 the previous session. It remains 0.6% above the week-ago level of 124,275 and 22.5% above 102,000 a month ago. Breadth stayed positive at 365 products up against 57 down, though narrower than the previous session's 782 up and 110 down.
What moved it
The currency, not the steel market. The free-market dollar rose 0.3% to 271,375 toman while rebar slipped, and rebar in dollars, before VAT, moved from 418 a week ago to 419 today — a dollar level essentially unchanged even as the toman price climbed 22.5% over the month, when rebar in dollars stood at 359. On the Iran Mercantile Exchange, 44 lots from 29 mills cleared with demand to supply at 0.75, 53.9% of the offer sold and 18.2% of settlements above base. Mills sell there and catalogue merchants resell what they bought, so a strong settlement usually shows in counter prices a few days on.
For buyers in the Gulf
The ex-works dollar level is USD 419/t before VAT, against a world print of 1347 USD/st on US Midwest HRC futures. Because the rial has carried the month's move, the dollar cost of Iranian material has held near its week-ago level rather than following the toman price up. A pattern of a firm currency with flat dollar prices usually means the domestic toman figure overstates what a dollar buyer faces.
5 days ago
Written automatically from this page’s own data
Plastic mould steel4↑ 0↓+23.6%up
Spiral-welded pipe4↑ 0↓+5.2%up
Flat bar4↑ 0↓+4.7%up
Sheet A2838↑ 0↓+4.5%up
Iranian channel9↑ 0↓+3.7%up
H-beam (HEB)6↑ 0↓+3.5%up
Iranian rebar extended its run to three consecutive rising sessions, with the median grade at 125,500 toman/kg including VAT against 125,000 the session before, a gain of 0.4%. The move is 1.1% over the week and 23.0% over the month. Breadth was wide, at 782 products up and 110 down, against 214 up and 42 down in the previous session.
What moved it
The currency, not the steel. The free-market dollar rose 0.6% on the session to 270,500 toman, ahead of rebar's 0.4%, and rebar in dollars before VAT was USD 422/t against 420 a week earlier — the ex-works dollar level is barely changed. The month tells the same story: rebar in dollars was 359 a month ago, so the rial has done most of the work. At the exchange session three days before this report, demand to supply was 0.84, 57.5% of the offer sold and settlements sat 3.7% above base.
For buyers in the Gulf
The ex-works dollar level to price against is USD 422/t for median rebar before VAT, with rebar 14–20-A3 at USD 411/t ex mill. A domestic price rising while the rial falls faster means the dollar cost of Iranian material is broadly flat rather than climbing, which is where the buying case sits. Weak IME cover and modest settlement premiums usually mean mills have room to negotiate on volume.
