According to market sources, domestic 150 mm x 150 mm square
billet quotations in
Iran started to move down at the beginning of last week, softening to $315-320/mt ex-works, including nine percent VAT. Quotations then increased to $330-335/mt ex-works in the middle of the week and closed the week at $320-325/mt ex-works, including nine percent VAT. Also, market sources state that demand in the local Iranian
billet market is still weak in
Iran.