Tag: Iran domestic billet price

Iran’s domestic billet prices remained supported on increasing demand from re-rollers. Rebar prices witnessed a downturn due to the Iranian government’s plan to reduce DRI prices by up to 5%, sources informed SteelMint. Steel billet prices remained stable at 135,500 rial/kg on 12 Jan’22. Rebar prices fell by 1,000 rial/kg to 150,000 rial/kg against 10…