Author: Nidhi Awasthi

Billet prices in Iran increased this week following a hike in the exchange rate and surged amid rumors of potential gas cuts. Despite the rise in rebar prices driven by the exchange rate, demand remained weak, sources informed BigMint. Billet prices rose by 2,500 Rial/kg to 250,000 Rial/kg on 28 Oct’24 as against 23 Oct.…