Amid rising demand, the domestic billet prices at the Iranian Mercantile Exchange (IME) continue lifting this week as well. According to SteelMint sources, approximately 133,000 t billets reported having traded at an average price of IRR 111,775/kg ($439/t), up by IRR 4,261/kg ($16/t) w-o-w. The quantity offered for the trade event was 134,352 t, while the base price was IRR 96,707/kg ($380/t).
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