Tag: construction steel

Billet prices fell 2,000 rial/kg ($5/t) to 372,000 rial/kg ($885/t), while rebar eased 2,000 rial/kg ($5/t) to 405,000 rial/kg ($963/t). Flats remained firm amid rising exchange rates. Currency and pricing policy tensions persisted, but export-driven demand continued to support billet. Finished steel producers restricted supply, delaying some deliveries. Short-term sentiment is cautiously bullish, though gains…