SteelOrbis has learned from market sources that Iranian flat steel producer Mobarakeh Steel is offering March production hot rolled coil (
HRC) to export markets at $610/mt FOB for
Europe, at $620/mt FOB for the
Middle East and at $635/mt FOB for India.
Last month, the producer had concluded
HRC sales at $580/mt FOB to
Europe. Although Mobarekeh Steel has increased its offers as compared to last month, its offers are still competitive in the current global flat steel market conditions.