Iran’s domestic billet prices continued to rise this week due to decent trades and stability in exchange rate. Followed by billet price increase and limited supply, rebar prices also edged up, sources informed BigMint.
- Billet prices rose by 1,000 Rial/Kg to 224,500 Rial/Kg as against 21 Feb.
- Rebar prices stood at 262,000 Rial/Kg, an increase of 3,000 Rial/Kg.