Author: Nidhi Awasthi
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Steel billet, rebar prices rise in Iran amid supply concerns
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…