Tag: billet output Iran
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Iran: Billet prices weak as demand remains subdued
Domestic billet and rebar prices came under pressure amid expectations of a pellet price decline, following a directive from the Ministry of Industry, Mine, and Trade. This was also fueled by lower billet output due to power supply disruptions. Billet tags stood at 311,500 Rial/kg on 9 Jul’25. Rebar priced at 376,000 Rial/kg on 9…