Iran’s domestic billet prices rose sharply amid supply concerns and power shortage while rebar prices remained stable. However, rebar prices are likely to go up, sources informed SteelMint.
- Steel billet prices rose by 5,000 Rial/Kg to 161,500 Rial/Kg as against the closing on 6 Jun’22.
- Rebar prices were stable at 181,000 Rial/Kg on 8 Jun.
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