Iran: Domestic billet, rebar prices continue to head south amid lower trades

Iran’s domestic billet and rebar prices continued to witness a drop due to lack of demand and decrease in exchange rate, sources informed BigMint.

  • Billet prices fell by 4,500 Rial/Kg to 221,500 Rial/Kg as against 5 Feb.
  • Rebar prices stood at 253,000 Rial/Kg, a decrease of 2,000 Rial/Kg.