Author: Nidhi Awasthi
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Iran: Domestic billet, rebar prices rise despite uncertain market dynamics
Iran’s domestic billet and rebar prices rose despite uncertain market dynamics, sources informed BigMint. Billet prices climbed up, as traders offloaded most cargoes at the Iran Mercantile Exchange (IME) amid concerns over future demand. Similarly, rebar prices increased, following supply constraints. Billet prices rose 3,000 Rial/kg to 277,500 Rial/kg on 22 Jan’25 against 20 Jan.…