During the past two weeks, 125 mm billet quotations in the local Iranian market have decreased by IRR 950,000/mt ($27/mt) on average to IRR 12,000,000-12,500,000/mt ($340-354/mt) ex-works, while domestic 150 mm x 150 mm square billet prices in Iran have moved sideways week on week at IRR 12,900,000-13,000,000/mt ($365-368/mt) ex-works, both including nine percent VAT.
$1 = IRR 35,330