Tag: Iran Domestic Billet Prices

Iran: Domestic prices rebound at IME, demand remains sluggish

Dec 2, 2020

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by

Pranjal Markale

in Billet

The Iranian domestic billet prices rebounded in a recent trade event hosted at the Iranian Mercantile Exchange (IME). Yesterday, over 150,000 t billets were offered against which only 41,250 t traded, at an average price of IRR 96,228/kg ($362/t), up by IRR 6,943/kg ($14/t) against last week.