Iranian Steel Billet Export Prices and Market Analysis for February 2026

In the dynamic world of global steel trade, Iranian steel billet continues to hold a prominent position as a cost-effective and high-quality raw material for downstream steel production. As of February 23, 2026, market conditions reflect a stable yet competitive pricing environment, influenced by regional supply chains, international demand, and geopolitical factors. At PSG Steel Group, we specialize in exporting premium Iranian steel products to B2B buyers across key markets such as India, Turkey, the UAE, Oman, Iraq, China, and Africa. Our commitment to quality, timely delivery, and transparent pricing ensures that our clients receive the best value for their investments.

This comprehensive analysis delves into the latest steel billet prices, export trends, and PSG Steel Group‘s exclusive offers. Whether you’re a manufacturer seeking reliable semi-finished steel or a trader monitoring market fluctuations, this guide provides actionable insights backed by industry expertise. For personalized quotes or bulk inquiries, contact our sales team via WhatsApp at +98-990-0202443 or visit our contact-us page.

Understanding Steel Billet: Types, Grades, and Applications

Steel billet serves as the foundational semi-finished product in the steel industry, produced through continuous casting and used primarily for rolling into bars, rods, and sections. Iranian steel billet is renowned for its consistency, derived from high-grade iron ore and advanced metallurgical processes. At PSG Steel Group, we export billets that meet international standards, ensuring compatibility with global manufacturing needs.

What is Steel Billet?

Steel billet is a rectangular or square cross-section casting, typically ranging from 100mm to 200mm in side length, used as feedstock for re-rolling mills. It is produced from molten steel poured into molds and solidified, often in grades optimized for strength and ductility. In Iran, production hubs like those near Bandar Abbas leverage abundant resources to produce billets efficiently. For more on our billet production process, explore our raw-materials/billet product page.

Billet’s versatility makes it essential in construction, automotive, and infrastructure sectors. For instance, it can be transformed into rebar for building reinforcements or wire rods for electrical applications. According to the World Steel Association, global billet demand is projected to grow by 2-3% annually through 2026, driven by urbanization in emerging markets World Steel Association.

Key Grades of Iranian Steel Billet (e.g., 3SP, 5SP)

Iranian billets are classified under standards like GOST 380, with popular grades including 3SP (low-carbon, weldable) and 5SP (higher strength). Grade 3SP, featuring carbon content around 0.14-0.22%, is ideal for general structural uses due to its excellent formability. In contrast, 5SP offers enhanced tensile properties for demanding applications.

At PSG Steel Group, our billets undergo rigorous chemical analysis to ensure compliance. Recent data from SteelMint indicates that 3SP billets dominate Iranian exports, accounting for over 60% of shipments SteelMint. For related products like DRI used in billet production, visit our raw-materials/dri section.

Common Sizes and Specifications for Export

Standard export sizes include 125x125mm, 130x130mm, and 150x150mm, with lengths from 6m to 12m. The 150x150mm size, as in our current offer, provides optimal yield for rolling mills. Specifications often include tolerances for straightness (±2mm/m) and surface quality (free from cracks).

Buyers in markets like Turkey and India prefer these sizes for their compatibility with local equipment. For a full list of our billet specs, check our raw-materials page. Integrating billets with other materials? Explore our ferro-silicon-fesi offerings for alloying enhancements.

To discuss how our billets fit your production line, reach out via WhatsApp at +98-990-0202443 or our contact-us form.

Current Iranian Steel Billet Prices in February 2026

As of February 23, 2026, Iranian steel billet prices remain competitive amid global volatility. FOB Bandar Abbas rates for standard grades hover between $380-$405 per ton, reflecting a slight upward trend from early February due to improved export demand and stabilized raw material costs.

FOB Bandar Abbas Pricing Trends

Bandar Abbas, Iran’s primary steel export port, facilitates efficient FOB shipments. Recent assessments show Grade 3SP 150x150mm billets at approximately $380-$405/ton FOB, with smaller lots commanding premiums. Kallanish reports stable export focus maintaining prices around $405/ton FOB Kallanish.

SteelOrbis notes deals in Southeast Asia at $405-413/ton FOB for Iranian billets SteelOrbis. For domestic context, EXW prices for 130mm billets are around $360/ton, per Semtco data Semtco.

Here’s an updated price table as of February 23, 2026:

Prices are subject to market fluctuations; for real-time quotes, visit our raw-materials or contact us.

Factors Influencing Billet Prices

Key drivers include iron ore costs (currently $100-116/dmt CFR China), scrap prices ($376/ton), and exchange rates. IRSteel highlights upward billet trends due to exchange rate increases IRSteel. Geopolitical stability in the Persian Gulf also plays a role, as per IFNAA analysis IFNAA.

Global comparisons show Iranian billets undercutting Black Sea prices ($440/ton FOB). For more on raw materials, see our carbon-coke page for carbon-coke used in smelting.

Comparison with Global Markets

Iranian billets offer a 10-15% cost advantage over CIS origins, per Fastmarkets Fastmarkets. In Asia, weak demand softens prices, but Iran’s proximity to Middle East markets like Oman and UAE provides logistical edges. SteelRadar anticipates sustained rises in Iranian exports SteelRadar.

For slab alternatives, explore our raw-materials/slab products. Interested in trends? Our steel-products covers related forecasts.

Secure your supply chain today—contact PSG Steel Group via WhatsApp at +98-990-0202443 or contact-us.

PSG Steel Group’s Latest Billet Offers

As a leading exporter, PSG Steel Group offers tailored solutions for international buyers. Our February 2026 portfolio emphasizes reliability and competitive pricing.

Exclusive Offer: 10,000 Tons of Grade 3SP Billet

We are pleased to announce an immediate availability of 10,000 tons of Grade 3SP steel billet, sized 150x150mm x 12m, at $380/ton FOB Bandar Abbas. This offer aligns with current market rates and includes 100% payment before loading for seamless transactions. Ideal for re-rolling into rebar or wire-rod—view our steel-products/rebar and steel-products/wire-rod pages for downstream options.

This batch meets IME standards for quality IME, ensuring low impurities and high yield.

Payment Terms and Logistics

We support flexible terms, including LC at sight for larger volumes. Logistics from Bandar Abbas ensure prompt delivery to ports in India, Turkey, and beyond. For hot-rolled-sheet-hrc-hrs integrations, check steel-products/hot-rolled-sheet-hrc-hrs.

Quality Assurance and Certifications

All billets are certified under ISO 9001 and undergo third-party inspections. Argus Media confirms Iran’s growing export quality Argus Media. Learn more about us on our raw-materials page.

Exporting Steel Billet from Iran: A Comprehensive Guide

Navigating Iranian steel exports requires understanding regulations and logistics. PSG Steel Group simplifies this for B2B clients.

Key Export Destinations (India, Turkey, UAE, Oman, Iraq, China, Africa)

India and Turkey absorb over 40% of Iranian billets, per BigMint BigMint. UAE and Oman favor proximity, while China seeks cost savings. African markets like Kenya value durability for infrastructure.

Regulatory Requirements and Documentation

Exports require COO, commercial invoices, and SGS inspections. Our steel-products details related compliance.

Shipping and Incoterms for B2B Buyers

FOB is standard, with CFR/CIF options. Containerized or bulk shipments available. For related products, see raw-materials.

Don’t miss out— inquire now via WhatsApp at +98-990-0202443 or contact-us.

Market Trends and Forecasts for Iranian Steel Billet

2026 sees moderate growth in billet demand, driven by post-pandemic recovery.

Supply Chain Dynamics in 2026

Iran’s production capacity exceeds 30 million tons annually, per World Steel Association World Steel Association. Power stability improves output, as noted in IRSteel.

Impact of Global Steel Demand

Asia’s infrastructure boom boosts demand, while Europe faces challenges. SteelMint forecasts 5% export growth SteelMint.

Sustainability in Steel Production

Iran adopts green practices, reducing emissions in billet making. For eco-friendly options, explore our raw-materials/dri.

Why Choose PSG Steel Group for Your Steel Billet Needs?

With decades of experience, we deliver excellence.

Our Expertise in Steel Exports

Specializing in billets, we export to 20+ countries. Visit PSG Steel Group.

Customer Testimonials and Case Studies

Clients praise our reliability—see steel-products for related insights.

Integrated Product Portfolio

From billets to rebar, slab, ferro-silicon-fesi, carbon-coke, wire-rod, cold-rolled-sheet-crc-crs, dri, hot-dip-galvanized-sheet-hdgi, i-beam-h-beam, u-channel, angle, hollow-section, pipe, grinding-ball, round-bar-flat-bar, and more, we cover all in our raw-materials and steel-products.

For competitive Iranian steel billet offers in February 2026, contact PSG Steel Group today. Reach us via WhatsApp at +98-990-0202443, email sales@psgsteelgroup.com, or our contact-us page. Let’s build a stronger partnership.

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