The price increase continues in the Iranian market due to inflation expectations. Today, mills have sold their rebar prices in the Tumen range of 26,000-28,000 ($520-560).
This increase is expected to be reflected in housing prices in the coming months. While the Dollar and Euro continue to reach their highest levels by breaking historical records in the free currency market, traders plan to convert their liquidity into capital by considering next year's price increases.
(Exchange rate: 1 IRR=calculated as $500,000)
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