Iran: Domestic billet, rebar prices drop amid lack of demand

Iran’s domestic billet and rebar prices dropped amid higher supply and weak demand, sources informed BigMint.

  • Billet prices fell by 3,000 rial/kg to 231,500 rial/kg as against 17 April.
  • Rebar prices stood at 287,000 rial/Kg, a decrease of 3,000 rial/kg.