Iran’s domestic billets and rebars prices continued to see an upward trend amid a limited supply of billets in the domestic market. However, the market may calm to adjust in the near-term, sources informed.
- Steel billets prices rose by 1,500 Rial/Kg to 175,000 Rial/Kg as against 26 Dec’22.
- Rebars prices stood at 205,000 Rial/Kg on 28 Dec, an increase of 1,000 Rial/Kg.
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