Domestic billet prices kept rising this week driven by an increase in the exchange rate and supply concerns. Rebar prices climbed up, supported by the surge in billet prices and reduced availability on the stock exchange, sources informed BigMint.
- Billet prices increased by 2,500 Rial/kg to 324,500 Rial/kg on 26 Feb’25 vs.24 Feb.
- Rebar prices climbed up by 1,000 Rial/kg to 372,000 Rial/kg on 26 Feb as against 24 Feb.
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