Tag: Iranian domestic billet prices

Iran: Domestic billet prices witness a drop of IRR 4,110/kg ($21/t)

Nov 25, 2020

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by

Pranjal Markale

in Billet

Amid sluggish finished steel demand, the domestic billet prices in Iran at the Iranian Mercantile Exchange (IME) dropped further, by IRR 4,110/kg ($21/t) in a recently hosted trade event. According to SteelMint sources, yesterday approximately, 23,000 t billets traded at IME at an average price of IRR 89,285/kg ($348/t)