Iran: Domestic billet, rebar prices rise amid supportive market sentiments

Iran’s domestic billet prices have seen a resurgence due to rising demand and limited supply levels. Consequently, rebar prices have also rebounded, sources informed BigMint.

• Billet prices rose by 2,000 rial/kg to 249,500 rial/kg as against 10 Jul.
• Rebar prices stood at 282,000 rial/kg, an increase of 1,000 rial/kg.