Prices in local Iranian billet market

Monday, 15 August 2016 17:29:49 (GMT+3)   |   Istanbul
       

During the past two weeks, 125 mm billet quotations in the local Iranian market have moved sideways at IRR 12,000,000-12,500,000/mt ($339-353/mt) ex-works, while domestic 150 mm x 150 mm square billet prices in Iran have declined by IRR 100,000/mt ($3/mt) on the lower end and have increased by IRR 100,000/mt on the upper end week on week to IRR 12,800,000-13,100,000/mt ($361-370/mt) ex-works, both including nine percent VAT.
 
$1 = IRR 35,420

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