Tag: Iran domestic billet market update

Iran: Domestic billet prices at IME drop by IRR 4,394/kg ($17)

Nov 19, 2020

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by

Pranjal Markale

in Billet

This week, amid sluggish demand, Iranian domestic billet prices saw a drop of IRR 4,394/kg ($17) in a recent trade event hosted by the Iranian Mercantile Exchange (IME). According to SteelMint sources, approximately 46,250 t billets traded at an average price of IRR 93,395/kg ($369/t).