Tag: Iran domestic billet price
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Iran: Billet, rebar prices fall as government seeks to control currency rates
Iran’s domestic billet and rebar prices witnessed a sharp fall due to the government’s current policy of controlling currency rates. However, market participants expect prices to trend up again, sources informed SteelMint. Steel billets prices fell by 7,000 Rial/kg to 169,500 Rial/kg as against 2 Jan’23. Rebar prices stood at 199,000 Rial/kg on 4 Jan,…