Iran: Steel billet prices fall, rebar prices stay stable

Billet prices in Iran witnessed a downtrend due to limited demand, while rebar prices are stable amid heavy snow and cold weather in the region, sources informed SteelMint.

• Steel billet prices fell by 500 Rial/Kg to 134,500 Rial/Kg against 17Jan’22.
• Rebar prices remained stable at 150,000 Rial/Kg on 19 Jan.