Iran: Domestic billet prices up, rebar prices inch down

Domestic billet prices in Iran increased amid declining stocks while rebar prices dropped owing to weak demand in the market, sources informed SteelMint.

• Steel billet prices rose by 1,000 Rial/Kg to 134,000 Rial/Kg as against the closing on 5 Sept.
• Rebar prices stood at 159,500 Rial/Kg on 7 Sept, a decrease of 500 Rial/Kg.