SteelOrbis has been informed that Mobarakeh Steel's sales price for St12 grade CRC of 0.50-1.00 mm thickness yesterday stood in the Iranian domestic market at $612-661/mt ex-works, excluding VAT on actual weight basis for 90-day shipment and cash payment. Meanwhile, Mobarakeh's sales prices for commercial grade HRC of 2.5-15 mm thickness stood in the Iranian domestic market at $451-496/mt ex-works on actual weight basis for 35-60 day shipment and cash payment.
On the other hand, Kaavian Steel Co.'s sales price for St37 grade HRP of 20-40 mm thickness stood in the Iranian domestic market at the level of $785/mt ex-works, excluding VAT, on actual weight basis, for 5-day delivery and cash payments.
All prices reflect sales to local traders through the Iran Mercantile Exchange on January 19.