Tag: Iran domestic billet price

Iran: Domestic billets, rebars prices continue to head north amid DRI supply concerns

Dec 21, 2022

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by

Vaibhav Dubey

in Billet

Iran’s domestic billets and rebars prices continued to see sharp rise amid a shortage of electricity, and the scarcity of direct reduced iron (DRI) supply in the domestic market, sources informed SteelMint. Steel billets prices rose by 3,000 Rial/Kg to 164,500 Rial/Kg as against 19 Dec’22. Rebars prices stood at 185,000 Rial/Kg on 21 Dec,…