According to the price list dated July 10, 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 4,500/kg (approx. $491/ton) - 2.5-3.5 mm IRR 4,366/kg (approx. $477/ton) +IRR 80/kg ($9/ton) 4-7 mm IRR 4,430/kg (approx. $484/ton) +IRR 20/kg ($2/ton) 8-12 mm IRR 4,754/kg (approx. $519/ton) -The prices are given for September 2006 shipments. 1 USD = 9,152.99 IRR