Tag: Iran domestic billet price
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Iran: Domestic billet, rebar prices surge after Nowruz holidays
Iran’s domestic billet and rebar prices rose sharply after the Nowruz (Persian New Year) holidays on supply concerns due to the Russia-Ukraine conflict and strong export demand for billets, especially from Turkey, sources informed SteelMint. Steel billets prices rose sharply by 8,500 Rial/Kg to 162,500 Rial/Kg as against the closing on 9 Mar’22. Rebar prices…