Domestic billet and rebar prices remained stable on muted activity amid the Eid holidays. Meanwhile, a reduction in steel billet price announced by Iran Mercantile Exchange (IME) may lead to a fall in rebar prices, sources informed SteelMint.
- Steel billet prices stood at 150,000 Rial/Kg, stable as against the closing on 6 Jul’22.
- Rebar prices stood stable at 178,000 Rial/Kg on 11 July.
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