Author: Sayed Aameer
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Iran: Domestic Billet Offer Rises Over Limited Supply
Iran domestic billet offers reportedly increased last week over the limited supply and increase in demand from the re-rollers. During last week, the billet offers almost reached USD 500/MT. According to SteelMint assessment, during the beginning of week 09 (16-21 Feb’19) domestic billet offers were noted to be around IRR 41,550/KG (USD 476/MT). Offers went…