Domestic billet tags in Iran increased slightly, supported by price control measures from key suppliers. Meanwhile, rebar prices remained stable with limited room for further decline, maintaining their level from the previous week.
- Billet prices stood at 306,000 rial/kg on 12 May, up by 3,000 rial/kg from 7 May.
- Rebar tags stood unchanged at 360,000 rial/kg on 12 May as against 7 May.
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