Author: Nidhi Awasthi
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Iran: Domestic billet, rebar prices remain supported
Iran’s domestic billet prices increased this week amid high demand for re-rollers. Meanwhile, rebar prices remained stable due to fluctuations in the currency, sources informed BigMint. Billet prices rose by 1,000 rial/kg to 244,000 rial/kg on 14 Oct’24 as against 9 Oct’24. Rebar prices stood stable at 298,000 rial/kg.