Iran: Domestic billet, rebar prices rise amid supply concerns

Iran’s domestic billet prices rose this week due to limited supply in the market. In addition, billet prices increased on a reduced supply. Rebar prices have also increased, sources informed BigMint.

• Billet prices rose by 3,300 rial/kg to 254,000 rial/kg as against 31 Jul.
• Rebar prices stood at 302,000 rial/kg, an increase of 9,000 rial/kg.