Iran: Domestic billets prices stable; rebars prices fall amid bearish sentiments

Iran’s domestic billets prices remained stable while rebars prices witnessed a significant fall owing to weak demand in the domestic market which kept trading at bay, sources informed SteelMint.

• Steel billets prices stood at 139,000 Rial/Kg, stable as against the closing on 31 Oct.
• Rebar prices stood at 160,000 Rial/Kg on 2 Nov, down by 2,000 Rial/Kg.