Iran’s domestic billet prices rose amid supply concerns due to ongoing power cuts. Followed by increase in billet prices, rebar prices have also increased , sources informed BigMint.
- Billet prices increased by 2,200 rial/kg to 250,700 rial/kg as against 29 Jul.
- Rebar prices stood at 293,000 rial/kg, an increase of 6,000 rial/kg.

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