Iran: Domestic billet, rebar prices fall post-Eid holidays

Domestic billet and rebar prices witnessed a sharp fall on muted activity and falling export prices post-Eid holidays, sources informed SteelMint.

• Steel billet prices fell sharply by 10,000 Rial/Kg to 136,500 Rial/Kg as against the closing on 20 July.
• Rebar prices stood at 169,000 Rial/Kg on 25 July, a fall of 5,500 Rial/Kg.