Tag: Iran domestic steel prices

Iran’s domestic steel prices fell sharply on weak demand and increasing inventory at mills. Steel billet prices stood at 135,000 Rial/Kg, a fall of 3,000 Rial/Kg, w-o-w. Rebar prices fell by 1,000 Rial/Kg w-o-w to stand at 152,000 Rial/Kg. In a recent update, the Iranian Steel Producers Association (ISPA) has protested against the government’s price-fixing…