Tag: Iran domestic billet market update
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Iran: No billet trades reported at IME this week
No billet trades were reported at Iranian Mercantile Exchange (IME), trade sources reported to SteelMint. According to sources, volumes offered by the mills for this week were not enough to discover the prices. Last week, approximately 109,500 t billets were traded at IME at an average price of IRR 80,900/kg ($447/t).