Iran: Domestic billet prices remain stable; rebar rises on market optimism

Iran’s billet prices remained firm, supported by rising DRI costs on the stock exchange, while rebar tags increased amid improved market sentiments, sources informed BigMint.

• Billet prices stood stable at 309,500 rial/kg on 12 Feb’25 against 10 Feb.
• Rebar tags increased by 13,000 rial/kg to 372,000 rial/kg on 12 Feb’25 against 10 Feb.