Tag: Iran domestic billet price

Billet prices in Iran rose amid power cuts and gas outages, demand from re-rollers and competition at the Iran Mercantile Exchange (IME). Following the hike in billet prices at IME and cold weather forcing mills to stop supply, rebar prices also increased sharply. Steel billet prices rose by 1,500 Rial/Kg to 140,500 Rial/Kg against 27…