Domestic billet and rebar prices witnessed a sharp recovery as the value of dollar went up after Iran’s political negotiations with the USA, formally called the Joint Comprehensive Plan of Action, concluded in Doha, Qatar, sources informed SteelMint.
- Steel billet prices rose sharply by 10,000 Rial/Kg to 153,500 Rial/Kg as against the closing on 29 June.
- Rebar prices stood at 182,000 Rial/Kg on 4 July, an increase of 5,500 Rial/Kg.
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