Iran: Domestic billet, rebar prices rise amid supply concerns

Iran’s domestic billet prices witnessed a rise this week due to lower supply and higher ex-rate. Followed by limited billet availability in the domestic market, rebar prices also increased, sources informed BigMint.

  • Billet prices rose by 4,000 Rial/Kg to 207,000 Rial/Kg as against 17 Jan.
  • Rebar prices stood at 248,000 Rial/Kg, an increase of 2,000 Rial/Kg.

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