Tag: Iran domestic billet price
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Iran: Domestic billet, rebar prices up amid hike in DRI prices
Domestic billet and rebar prices saw a significant increase this week due to active buying interest amid declining stocks and hike in direct reduced iron (DRI) prices, sources informed SteelMint. Steel billet prices rose by 1,500 Rial/Kg to 135,000 Rial/Kg as against the closing on 12 Sept. Rebar prices stood at 163,000 Rial/Kg on 14…