Iran: Domestic billet, rebar prices up on improved demand

Iran’s domestic billets and rebars prices saw a significant increase amid improved demand in the market following changes in the exchange rate, sources informed SteelMint.

  • Steel billets prices rose by 1,000 Rial/Kg to 143,000 Rial/Kg as against 7 Nov’22.
  • Rebars prices stood at 168,500 Rial/Kg on 9 Nov, up by 2,500 Rial/Kg.

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