Iran’s billet and rebar prices dropped, as buying interest remained low, and liquidity levels on the Iran Mercantile Exchange were high. Overall sentiment was cautious, keeping trade activity relatively subdued.
- Billet tags stood at 319,000 rial/kg on 11 Jun, down by 4,000 rial/kg from 9 Jun.
- Rebars were priced at 375,000 rial/kg on 11 Jun, down by 5,000 rial/kg against 9 Jun.
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