Iran’s domestic billet prices witnessed an increase this week due to improvement in exchange rate. However, rebar prices edged down following low demand for finished steel, sources informed BigMint.
- Billet prices rose by 1,500 Rial/kg to 223,500 Rial/kg as against 19 Feb.
- Rebar prices stood at 259,000 Rial/kg, a decrease of 1,000 Rial/kg.