Author: Nidhi Awasthi
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Iran: Domestic billet prices remain stable; rebar rises on market optimism
Iran’s billet prices remained firm, supported by rising DRI costs on the stock exchange, while rebar tags increased amid improved market sentiments, sources informed BigMint. Billet prices stood stable at 309,500 rial/kg on 12 Feb’25 against 10 Feb. Rebar tags increased by 13,000 rial/kg to 372,000 rial/kg on 12 Feb’25 against 10 Feb.