Iran: Billet, rebar prices continue to edge up amid supportive market sentiments

Iranian billet prices continued to increase amid strong demand. Meanwhile, with the increase in the exchange rate and billet prices, rebar prices also edged up, sources informed BigMint.

• Billet prices rose by 3,300 Rial/kg to 249,600 Rial/kg as against 1 Jul.
• Rebar prices stood at 285,000 Rial/kg, an increase of 8,000 Rial/kg.