Tag: Iran domestic steel price

Iran: Domestic billet, rebar prices drop amid weak market sentiments

Apr 17, 2024

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by

Vaibhav Dubey

in Billet

Iran’s domestic billet prices continued to drop amid increased production due to higher DRI supply. Followed by drop in billet prices, rebar prices also witnessed downtrend. Billet prices fell by 3,500 Rial/kg to 234,500 Rial/kg as against 15 Apr prices. Rebar prices stood at 290,000 Rial/Kg, a decrease of 3,000 Rial/kg.