SteelOrbis has learned from market sources that in the Iranian domestic market 12-25 mm rebar prices are standing at about Rials 11.45-11.80 million/mt ($934-963/mt) ex-works, on actual weigh basis, including VAT.
In the meantime, 10-28 mm imported rebar prices at Iran's Bandar Emām port are standing at Rials 11.5-12.2 million/mt ($935-995/mt), while 12-28 mm imported rebar prices at Anzali Port are standing at Rials 11.4-11.7 million/mt ($930-954/mt), both ex-warehouse, on actual weight basis and with duty paid.
$1 = Rials 12,260 (offical rate)