Tag: iran domestic rebar

Iran: Domestic billet, rebar prices continue to head north amid supply concerns

Jan 29, 2024

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by

Nidhi Awasthi

in Billet

Iran’s domestic billet prices continued to rise this week amid exchange rate fluctuation, supply concerns and limited DRI production. Followed by limited billet supply, rebar prices also witnessed an increase, sources informed BigMint. Billet prices rose by 11,500 Rial/Kg to 224,500 Rial/Kg as against 24 Jan. Rebar prices stood at 256,000 Rial/Kg, an increase of…