SteelOrbis has learned that bids at the following levels have been received by Iranian mill Mobarakeh Steel in a hot rolled coil and sheet sales tender which has not been awarded yet:
For sales to Europe Euro 392-399/mt FOB For sales to Middle East $510-515/mt FOB For sales to India $475-476.50/mt FOBIt is reported that Mobarakeh Steel has put a minimum price condition for India at $490/mt FOB because of the price difference in this market compared to Europe and the Middle East.