SteelOrbis has learned from market sources that offer prices of imported hot rolled coil (
HRC) in the Iranian domestic market have increased in the first month of the new Iranian year, which started on March 21. Accordingly, offers of imported 2 mm x 1,000 mm
HRC in the northern Iranian port of Bandar Anzali are now standing at Rials 11,500/kg ($1,015/mt) ex-yard loaded truck, exclusive of four percent VAT, compared to Rials 10,800/kg ($953/mt) last week.
$1 = Rials 11,335 (official rate)