Tag: Iran domestic billet price

Steel billet and rebar prices witnessed a sharp fall due to the Iranian government’s decision to limit the supply of billets at the Iran Mercantile Exchange (IME) and lower the exchange rate, sources informed. Billet prices decreased by 30,500 Rial/kg to 235,000 Rial/kg as against 27 Feb’23. Rebar prices stood at 300,000 Rial/kg on 1…