According to the price list dated June 12, 2006, Iranian steelmaker Mobarakeh Steel is selling hot rolled coils in the local market at the following levels:
Thickness Price Price increase 2 mm IRR 4,200/kg (approx. $458/ton) - 2.5-3.5 mm IRR 4,050/kg (approx. $442/ton) - 4-7 mm IRR 4,200/kg (approx. $458/ton) IRR 130/kg ($14/ton) 8-12 mm IRR 4,501/kg (approx. $491/ton) IRR 125/kg ($13/ton)The prices are given for August 2006 shipments. 1 USD = 9,155.00 IRR