Iran: Domestic billet, rebar prices rise amid hike in export offers

Iran’s domestic billet and rebar prices continued their uptrend amid higher ex-rate, hike in export offers and shortage of electricity and gas, sources informed BigMint.

  • Billet prices rose by 6,000 Rial/Kg to 213,000 Rial/Kg as against 22 Jan.
  • Rebar prices stood at 250,000 Rial/Kg, an increase of 2,000 Rial/Kg.