Tag: billet and rebar prices June 2025

  • Iran: Billet, rebar prices dip as demand subsides

    Iran: Billet, rebar prices dip as demand subsides

    Iran’s billet and rebar prices dropped, as buying interest remained low, and liquidity levels on the Iran Mercantile Exchange were high. Overall sentiment was cautious, keeping trade activity relatively subdued. Billet tags stood at 319,000 rial/kg on 11 Jun, down by 4,000 rial/kg from 9 Jun. Rebars were priced at 375,000 rial/kg on 11 Jun,…