In the Iranian Steel market, rebar prices are on a downward trend. However, according to the country's experts, the use of electricity will increase as the air temperature rises. They say this trend will change as steel industries begin to limit their electricity consumption to avoid a complete shutdown of their factories and plants. On the other hand, the demand for rebar will also increase by rising the construction activities in the country towards summer.
Considering the comments of the experts in the market, the increase in the demand for steel products in the coming months will force the manufacturer and may cause the price not to increase significantly due to the high competition among the suppliers.
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