Domestic billet prices in Iran increased this week, driven by supply concerns and a rise in the exchange rate. Rebar prices also saw an uptrend, supported by reduced availability on the stock exchange and the Rial’s strengthening, sources informed BigMint.
- Billet prices increased by 10,000 Rial/kg to 322,000 Rial/kg on 24 Feb’25 against 19 Feb.
- Rebar tags rose by 5,000 Rial/kg to 371,000 Rial/kg on 24 Feb’25 against 19 Feb.
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