Iran’s domestic billet prices continued to rise due to decent trades and stability in exchange rate. Meanwhile, limited supply of rebars and hike in billet prices have supported rebar prices, sources informed BigMint.
- Billet prices rose by 8,500 Rial/Kg to 233,000 Rial/Kg as against 26 Feb.
- Rebar prices stood at 270,000 Rial/Kg, an increase of 8,000 Rial/Kg.