Iranian steel billet price today (Nov 5, 2026)

Billet is not sold over the counter — it goes from the steelmaker straight to a rolling mill. That leaves exactly one public price for it: the physical trade on the Iran Mercantile Exchange. This page reads that record — 81 sellers, 72 distinct goods and 6 years of settled trades.

Billet 150×150, grade 5SP

85,431per kg

$317.93 USD per tonne

Session

11/2/26 session — 80,100 t from 23 sellers

30-day volume-weighted average: 89,872

Exchange closing price, ex-works. VAT, exchange fees and freight are not in this figure.

This is a domestic Rial settlement, not an FOB export quote. No billet lot in this record cleared in hard currency — every trade settled in Rial in a domestic hall — so the dollar figure is only that same number converted at the free-market rate of 268,710 Toman.

Billet price by mill

65 sellers that have traded billet in the last four months, by tonnage. Each row is that mill’s own most recent settlement for that grade, with the trade date beside it; an older date is an older market and does not compare with the latest session.

Company Mdni Vsnti Chadrmlv

886,725 t over the year
5SP150×15092,825$345.4415,32511/2/26
4SP150×15062,366stale$232.105,9008/8/26
5SPshort length150×15068,215stale$253.864,9509/21/26

Iron V Steel Arf

692,870 t over the year
5SP150×15078,220$291.094,00011/2/26
C30150×15095,385$354.971,30011/1/26
RST34-2150×15063,990stale$238.144,0007/18/26
B500B150×15065,625stale$244.224,0008/22/26
SWRY150×15067,200stale$250.081,6008/15/26
5SP130×13068,832stale$256.164,0009/21/26
3SP150×15061,017stale$227.073,0007/20/26
4SP150×15063,300stale$235.573,3008/22/26

Steel Kavh Jnvb Kish

672,885 t over the year
3SP150×15074,910$278.778,50011/2/26
5SP150×15076,264$283.8212,50011/2/26
3SPshort length150×15073,249$272.591,25010/21/26
5SPshort length150×15067,670stale$251.83509/21/26
3SPshort length130×13062,866stale$233.954008/24/26

Khuzestan Steel Company

556,050 t over the year
5SP150×15075,965$282.7010,00011/2/26
RST34-2150×15096,293$358.351,30010/26/26

Industries Steel Aliazhi Pasargad (Complex Snti Steelmaking Pasargad)

477,825 t over the year
5SP150×15061,442stale$228.6510,0008/3/26
3SP150×15078,093stale$290.628,00010/5/26
RST34-2150×15062,371stale$232.115,0007/18/26
5SPshort length150×15057,266stale$213.111007/20/26
3SPshort length150×15073,443stale$273.3210010/5/26
RST34-2short length150×15060,610stale$225.562008/1/26
3SPshort length200×20061,347stale$228.302258/24/26

Sirjan (market label)

462,100 t over the year
3SP150×15076,393$284.293,85011/2/26
5SP150×15076,393$284.296,87511/2/26
RST34-2150×15070,735stale$263.242,0009/5/26

Sirjan (market label)

374,935 t over the year
5SP150×15092,613$344.665,00011/2/26
3SP150×15082,135$305.673,00011/2/26
3SPshort length150×15064,523stale$240.121809/14/26

Steel Ghdir Ni Riz

362,250 t over the year
5SP150×150103,152$383.888,00011/2/26
4SP130×13077,235stale$287.4310,0009/12/26
4SP150×15062,707stale$233.361008/15/26

Iran

307,800 t over the year
3SP150×15074,749$278.185,00011/2/26
5SP150×15081,304$302.572,00011/2/26
RST34-2150×15094,652stale$352.2510010/10/26
CK60200×20073,000stale$271.672,8009/6/26
4SP150×15058,739stale$218.591,5007/18/26

Complex Steel Khrasan

253,700 t over the year
5SP150×15093,390$347.552,50011/2/26
ST60-2150×15060,068stale$223.543,0007/18/26
5SPshort length150×15056,131stale$208.896007/20/26

Iran

191,900 t over the year
3SP150×15075,557$281.183,42511/2/26
5SP150×15075,557$281.183,50011/2/26
RST34-2150×15097,000$360.981,12510/25/26

Iran Alloy Steel Company

156,650 t over the year
C22130×13087,947$327.292,00010/31/26
C72D2150×15082,000stale$305.161,0009/28/26
10B21—119,860$446.061,50010/31/26
C30150×15087,947$327.293,00010/31/26
CK60150×15070,323stale$261.7110,0008/1/26

Complex Steel Albrz Nab Arsh

84,850 t over the year
5SP150×15088,302$328.613,20010/12/26
B500B130×13091,481stale$340.452,30010/4/26

Industries Steel Mshiz Brdsir

77,625 t over the year
3SP150×15076,788$285.762,00011/2/26
5SP150×15093,614$348.382,00011/2/26
RST34-2150×15092,315stale$343.552,00010/4/26
3SPshort length150×15066,519stale$247.552509/14/26
5SPshort length150×15068,027stale$253.161009/14/26

Sepahan Pipe and Profile

76,250 t over the year
6SP180×18075,089stale$279.441,5009/12/26
5SP150×15076,436$284.452,30011/2/26
6SP150×15057,936stale$215.611,5007/18/26

Complex Tvlidi V Snti Shmsh Mntqh Azad Anzli

28,700 t over the year
5SP150×15092,783$345.291,00011/2/26

Steel Kvir Damghan

26,600 t over the year
5SP150×15094,114$350.241,25011/2/26

Pars

25,700 t over the year
5SP150×15092,073$342.6560011/2/26
3SP150×15062,699stale$233.331008/10/26
4SP130×13060,453stale$224.971507/25/26

Zvb V Rolling Zrfam

17,575 t over the year
4SP130×13073,350stale$272.972009/5/26
3SP130×13059,847stale$222.722508/17/26
4SP100×10073,314stale$272.841759/5/26
3SP150×15065,654stale$244.332508/31/26
5SP130×13059,085stale$219.882507/27/26
3SP100×10057,725stale$214.822507/20/26
5SP100×10061,347stale$228.302258/24/26

Iran

12,800 t over the year
5SP150×15084,235$313.4840011/2/26

Iran

11,000 t over the year
5SP150×15089,904$334.581,00010/21/26

Yazd

10,725 t over the year
5SP125×12563,649stale$236.872509/14/26
5SP150×15059,004stale$219.582507/27/26
3SP125×12561,290stale$228.092508/3/26
4SP125×12565,152stale$242.461758/29/26
4SP100×10072,054stale$268.151009/5/26

Tvlidi Steel Sazan Jm

10,300 t over the year
5SP125×12585,457$318.0325011/2/26

Complex Steel Azr Abadgan Ars

9,250 t over the year
5SP150×15077,385$287.9975010/21/26

Atlas Tejarat Sahand Steel Complex

6,850 t over the year
5SP150×15087,082$324.0762511/2/26
3SP150×15069,087stale$257.1025010/5/26
5SP125×12573,438$273.3062510/26/26

Steeltaban Kvir

6,650 t over the year
5SP125×12565,111stale$242.311509/14/26
5SP150×15071,790stale$267.171009/7/26

Akam Flz Svlh

5,825 t over the year
5SP150×15092,397$343.8515011/2/26
3SP150×15074,324$276.595011/2/26

Atminan Steel Aspadan

5,650 t over the year
5SP125×12589,341$332.4820011/2/26
4SP125×12558,984stale$219.513007/25/26

Company Zvb Bris

5,600 t over the year
5SP125×12570,276stale$261.532009/7/26

Group Mhndsin Bhrvsh

5,350 t over the year
5SP125×12564,355stale$239.501259/14/26

Parmida Pvlad Aisatis

5,125 t over the year
5SP150×15063,649stale$236.871759/14/26

Tavni Pvlad Shmsh Aisatis

4,800 t over the year
5SP150×15064,804stale$241.17509/21/26

Steel Sphr Sblan

4,405 t over the year
5SP150×15066,223stale$246.452008/31/26

Steelmaking Jm Tbriz

4,300 t over the year
5SP150×15095,496$355.3950011/2/26

Sba Rad Mhvr

3,700 t over the year
5SP125×12592,232$343.2412511/2/26

Aidh Al Shmsh Kvir

3,275 t over the year
5SP150×15073,068stale$271.9210010/5/26
5SP130×13059,255stale$220.521007/27/26

Industries Zvb Azrkhsh

3,275 t over the year
5SP120×12089,595$333.4312511/2/26
3SP120×12060,975stale$226.921258/10/26

Mashhad market

3,140 t over the year
5SP150×15073,667$274.1524010/26/26

Sdid Shmsh Khatm

3,100 t over the year
3SP125×12580,096stale$298.083009/30/26

Tvlidi Steel Aspris Tjart

2,900 t over the year
5SP125×12571,015$264.2820010/12/26

Complex Zvb Pvlad Barsava

2,750 t over the year
5SP120×12092,881$345.6610011/2/26

Zvb V Rolling Shms Tbriz

2,600 t over the year
5SP125×12576,965$286.4210010/21/26

Azr Ghltk

2,600 t over the year
5SP150×15062,942stale$234.241508/24/26

Complex Zvb Steel Azrkhsh Kvir Ardkan

2,550 t over the year
5SP150×15060,315stale$224.462008/3/26
5SP130×13072,303$269.0710010/21/26

Mahan

2,550 t over the year
3SP120×12068,182stale$253.741008/31/26
5SP125×12560,631stale$225.641008/10/26

Yazd

2,400 t over the year
3SP125×12591,724$341.3510010/26/26
5SP150×15059,006stale$219.591007/27/26
3SP150×15060,152stale$223.861008/17/26

Rikhth Gri Steel Spnd Mhriz

1,800 t over the year
5SP125×12567,854stale$252.522009/7/26

Yazd

1,550 t over the year
5SP130×13091,746$341.4310010/26/26
3SP130×13065,925stale$245.341508/31/26

Pars

1,350 t over the year
5SP150×15059,585stale$221.745008/3/26
4SP150×15060,776stale$226.182508/15/26

Steelmaking Iaqvt Bnab

1,200 t over the year
5SP150×15093,510$348.001,20011/2/26

Pvlad Shmsh Aria

1,125 t over the year
3SP125×12566,249stale$246.541008/31/26

Steel Gstr Fjr Khvarzmi

1,075 t over the year
5SP125×12575,647stale$281.521009/30/26

Esfahan Steel Company

1,000 t over the year
3SP130×13081,674$303.951,00010/26/26

Zvb V Rikhth Gri Steel Sfid Dsht

975 t over the year
5SP125×12587,311$324.9320010/21/26

Yazd

900 t over the year
3SP125×12573,024stale$271.761009/14/26

Complex Astil Kvhstan

800 t over the year
5SP150×15072,303$269.0710010/21/26

Yazd

770 t over the year
5SP125×12558,997stale$219.551507/27/26

Yazd

700 t over the year
5SP125×12563,751stale$237.251008/24/26
4SP125×12560,776stale$226.181008/15/26

Nvin Giti Steel Ars

600 t over the year
5SP150×15088,328$328.7115011/2/26

Sepahan Pipe and Profile

550 t over the year
5SP150×15059,585stale$221.741508/3/26

Steel Spnta Chhar Mhal

550 t over the year
5SP125×12561,097stale$227.371008/3/26
5SP150×15074,763$278.2315011/2/26

Isfahan market

400 t over the year
5SP150×15057,300stale$213.242757/13/26

Prtv Snt Shrq

125 t over the year
5SP150×15059,572stale$221.701258/10/26

Complex Steel Azr Hdid Bnab

75 t over the year
5SP150×15074,324$276.597511/2/26

Iron Alat Ji Kar Khvrasgan

50 t over the year
3SP130×13058,997stale$219.55507/27/26

Grades and sections

Volume-weighted over the last 90 days. Only goods of the same section and grade are worth comparing.

5SP150×15077,790$289.50791,65535
3SP150×15072,565$270.05351,87512
RST34-2150×15080,614$300.0083,6005
C30150×15082,985$308.8373,5502
4SP130×13074,634$277.7514,7752
C22130×13077,932$290.0214,5001
5SP125×12569,729$259.5013,17515
4SP150×15062,651$233.159,5504
C72D2150×15076,584$285.019,1001
5SP130×13069,305$257.928,5003
10B21—103,074$383.598,5001
6SP180×18067,033$249.466,0001
5SPshort length150×15067,618$251.645,6253
SWRY150×15067,200$250.085,1001
3SPshort length150×15067,200$250.084,9054
B500B150×15065,625$244.224,0001
CK60200×20073,000$271.673,0001
B500B130×13091,481$340.452,3001
5SP120×12077,995$290.261,7502
3SP130×13075,239$280.001,5003
3SP125×12571,112$264.641,3254
4SP100×10069,760$259.616252
3SPshort length130×13062,866$233.954001
4SP125×12563,561$236.542752

Billet price trend

Monthly volume-weighted average across every billet grade on the exchange. Each trade is weighted by its tonnage.

Volume-weighted billet closing price

89,839Toman

▲ 176.8% · 13

35,32252,53869,75486,9692025-112026-012026-042026-062026-092026-11
Low
32,453
High
89,839
Open
32,453
Last
89,839

Why billet has no open-market price

Rebar and beam are also sold from a merchant’s yard, so they carry a daily market price. Billet is an intermediate: the steelmaker casts it and a rolling mill buys it to turn into rebar. That trade happens between two factories, and the only place it is recorded in public is the exchange floor. Which is why billet prices weekly rather than daily — and why the figure on this page is the last session’s settlement, not a live quote.

Billet for export

Billet 150×150 in 3SP and 5SP is what Iraqi, Turkish and Gulf buyers actually ask for. The figure here is the domestic basis; delivered-border or FOB port pricing adds freight, duties and loading terms, which the export desk quotes.

Iranian steel for export

Ask the desk

Answers use the live price records on this page.

Request a billet quotation

Give us the grade, section, tonnage and delivery point and we will price it from the mills currently selling.

Frequently asked questions

What is the price of steel billet today?

The market benchmark is billet 150×150 grade 5SP, and its price in the most recent exchange session is at the top of this page. Because billet trades weekly, “today” means the latest official session — its date is printed beside the figure.

Why is there no open-market billet price?

Billet is not a finished product and is not sold to merchants. The steelmaker sells it to a rolling mill, and that trade is recorded on the exchange. Any number published outside that record as a “free-market billet price” is an estimate, not a settled trade.

What is the difference between grade 3SP and 5SP?

Both are semi-killed carbon steel billets; they differ in chemistry and carbon content, with 5SP carrying more carbon and going into higher-grade ribbed rebar. The table on this page shows what that difference was actually worth in the latest session.

Is this the export price of billet?

No. It is the domestic Rial settlement, ex-works. The dollar equivalent is converted at the free-market rate so it can be compared, but it is not FOB Bandar Abbas or a delivered-border price; those add freight, duties and loading terms.

Official data source: Iran Mercantile Exchange

Latest official session held: 11/2/26

Last successful fetch: 11/4/26

Trade archive from 3/30/21