Author: Nidhi Awasthi
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Iran: Domestic billet, rebar prices rise amid increase in exchange rate
Domestic billet prices in Iran increased this week, driven by supply concerns and a rise in the exchange rate. Rebar prices also saw an uptrend, supported by reduced availability on the stock exchange and the Rial’s strengthening, sources informed BigMint. Billet prices increased by 10,000 Rial/kg to 322,000 Rial/kg on 24 Feb’25 against 19 Feb.…