Tag: Iran domestic billet price

Iran’s domestic billet and rebar prices witnessed an uptrend after DRI prices increased on the Iran Mercantile Exchange (IME), sources informed SteelMint. Also, depleting stocks with re-rollers amidst logistical issues and power issues at a few mills supported the price hike. Steel billet prices rose sharply by 2,000 Rial/Kg to 142,500 Rial/Kg compared to 2…