Author: Indranath Jha

  • Iran: Domestic billet prices rise in recent deal on IME

    Iran: Domestic billet prices rise in recent deal on IME

    Iran, one of the largest billet exporters in the world, has remained quiet since the past couple of weeks in the global billet market owing to power outages in the country, impacting production levels of mills. Owing to the recent Eid holidays and electricity shortage, billets trading on the Iranian Mercantile Exchange (IME) remained limited.…