Tag: billet price decline Iran

Iran’s billet and rebar prices softened after recently hitting new peaks that were fuelled by extended power disruptions across major manufacturing hubs. However, with no fresh support and market activity sluggish, the upward trend has begun to fade. Billet prices decreased to 335,500 Rial/kg on 28 May, down by 3,500 Rial/kg from 26 May. Rebar…