Tag: Iranian domestic billet prices

Iran: Domestic billet prices at IME surge by IRR 9,646/kg ($40/t)

Dec 23, 2020

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by

Pranjal Markale

in Billet

The domestic billet prices at the Iranian Mercantile Exchange (IME) witnessed a steep rise of IRR 9,646/kg ($40/t) amid rising demand. In a recent trade event hosted by IME, approximately 126,000 t billets reported having traded at an average price of IRR 107,514/kg ($423/t). The base price was IRR 97,402/kg ($384/t), and the offered quantity…