Iran: Domestic billet, rebar prices fall post-Muharram holidays

Iran’s domestic billet and rebar prices witnessed a drop post-Muharram holidays. Meanwhile, electricity restrictions on steel mills also weighed on domestic prices, sources informed BigMint.

• Billet prices fell by 500 rial/kg to 249,000 rial/kg as against 22 Jul.
• Rebar prices stood at 281,000 rial/kg, a decrease of 1,000 rial/kg.