Tag: Iran domestic billet price

Iran: Billet, rebar prices fall sharply on bearish sentiments

May 18, 2022

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by

Vaibhav Dubey

in Billet

Iran’s domestic billet and rebar prices witnessed a sharp fall amid ongoing lockdown restrictions in China, competitive offers from Russia and falling IME billet prices, a reliable source told SteelMint. Steel billets prices fell sharply by 3,000 Rial/Kg to 160,000 Rial/Kg as against the closing on 16 May’22. Rebar prices stood at 181,000 Rial/Kg on…