Iran: Domestic billet, rebar prices downtrend continues amid weak demand

Iran’s domestic billets and rebars prices continued their downward trend amid sluggish finished steel demand in the region, and fluctuations in the exchange rate, sources informed SteelMint.

  • Steel billets prices fell by 1,000 Rial/Kg to 139,500 Rial/Kg as against 21 Nov’22.
  • Rebars prices stood at 162,500 Rial/Kg on 23 Nov, down by 500 Rial/Kg.

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