Domestic billet and rebar prices continue their downward trend amid falling export prices of both commodities followed by a decline in prices on the Iran Mercantile Exchange (IME), sources informed SteelMint.
- Steel billet prices fell by 500 Rial/Kg to 132,500 Rial/Kg as against the closing on 27 July.
- Rebar prices stood at 157,000 Rial/Kg on 1 August, a significant fall of 4,000 Rial/Kg.
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