SteelOrbis has learned from market sources that in the Iranian market offers of Russian origin hot rolled coils (
HRC) of 2 mm in thickness have increased by Rials 600/kg ($49/mt) and are currently standing at Rials 11,000/kg ($897/mt) ex-yard loaded truck in the northern Iranian port of Bandar Anzali, exclusive of four percent VAT.
$1 = Rials 12,260 (official rate)