Iran’s domestic billet prices continued to rise this week due to the increase in exchange rate and improvement in demand. Meanwhile, supply restrictions have supported rebar prices, too, sources informed BigMint.
- Billet prices rose by 3,000 Rial/kg to 236,000 Rial/kg as against 28 Feb.
- Rebar prices stood at 272,000 Rial/kg, an increase of 2,000 Rial/kg.