Tag: Iran Domestic Billet Prices
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Iranian Domestic Billet Price Rise in Line with Increase of Base Price at IME
Iran, one of the largest billet producer and exporter in MENA has recently faced second wave of economic sanctions from US. This sanction primarily targeted banking, insurance and shipping sector of Iran. Last week billet prices reportedly increased a bit well ahead of secondary sanctions. As per SteelMint assessment, during the starting of week 44…