Tag: Iran domestic billet price
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Iran: Domestic billets, rebars prices continue uptrend amid supply concerns
Iran’s domestic billets and rebars prices continued their upward trend. Supply of billets and rebars is limited due to a lack of supply of direct-reduced iron (DRI) in the domestic market, sources informed SteelMint. Steel billets prices rose by 4,000 Rial/kg to 185,500 Rial/kg against 1 Feb’23. Rebars prices stood at 222,000 Rial/kg, an increase…