Iran: Domestic billets, rebars prices continue their strong trend amid supply concerns

Iran’s domestic billets and rebars prices continued to see a sharp rise amid a limited supply of billets in the domestic market, sources informed SteelMint.

• Steel billets prices rose by 9,000 Rial/Kg to 173,500 Rial/Kg as against 21 Dec’22.
• Rebars prices stood at 204,000 Rial/Kg on 26 Dec, a sharp increase of 9,000 Rial/Kg.