Iran: Billet prices fall, rebar prices remain supported

Billet prices in Iran fell as mills are awaiting clarity on the recently-announced export tariffs by the government, while rebar prices remained supported, sources informed SteelMint.

  • Steel billet prices decreased by 200 Rial/Kg to 158,300 Rial/Kg against the closing on 20 Apr’22.
  • Rebar prices stood at 177,000 Rial/Kg on 25 Apr, an increase of 500 Rial/Kg.

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