Tag: Iran domestic billet price
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Iran: Steel billet prices edge higher, rebar prices stable
Iran’s domestic billet prices rose sharply amid supply concerns and power shortage while rebar prices remained stable. However, rebar prices are likely to go up, sources informed SteelMint. Steel billet prices rose by 5,000 Rial/Kg to 161,500 Rial/Kg as against the closing on 6 Jun’22. Rebar prices were stable at 181,000 Rial/Kg on 8 Jun.