Iran: Domestic billet, rebar prices continue to head north

Iran’s domestic billet prices continued to witness an upward trend due to improved demand and increase in exchange rate. Followed by supply restrictions, rebar prices also jumped, sources informed BigMint.

  • Billet prices rose by 4,000 Rial/Kg to 240,000 Rial/Kg as against 4 Mar.
  • Rebar prices stood at 276,000 Rial/Kg, an increase of 4,000 Rial/Kg.