During the past two weeks, 125 mm
billet quotations in the local Iranian market have increased by IRR 300,000/mt ($9/mt) on average to IRR 13,300,000/mt ($377/mt) ex-works, while domestic 150 mm x 150 mm square
billet prices in
Iran have also risen by IRR 300,000/mt ($9/mt) on average to IRR 13,400,000-13,600,000/mt ($380-386/mt) ex-works, both including nine percent VAT.
$1 = IRR 35,270