Domestic and import HRC prices in Iran

Wednesday, 20 April 2011 12:39:53 (GMT+3)   |  
SteelOrbis has learned that demand is slow in the Iranian domestic flat steel market. It is reported that the Iranian flat steel producer Mobarakeh Steel is offering hot rolled coil (HRC) to the local market at $665/mt ex-works, while HRC offers given by the Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) to Iran stand at $775/mt DDP (10 percent duty) and another Russian producer NLMK is offering HRC to Iran at $745/mt DDP.

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