Author: Nidhi Awasthi
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Iran: Billet prices rise, rebar market stable
Iran’s domestic billet prices have risen due to a decrease in supply and concerns over gas shortage, which have pushed up demand for billets. This uptick in billet prices has also contributed to stabilising rebar prices, sources informed BigMint. Billet prices rose by 2,500 Rial/kg to 247,500 Rial/kg on 23 Oct’24 as against 21 Oct.…