SteelOrbis has been informed that on February 9 Mobarekeh's sales prices of commercial grade HRC of 2.5-15 mm thickness stood in the Iranian domestic market at $465/mt ex-works on actual weight basis for 40-70 day delivery and cash payment. Meanwhile, Mobarakeh Steel's sales price for St12 grade CRC of 0.50-1.00 mm thickness in the local market stood at $630/mt ex-works, excluding VAT on actual weight basis for 70-100 day shipment and cash payment.
On the other hand, the domestic market sales price of Mobarekeh production St12 grade HDG of 0.50-1.00 mm thickness stood at the level of $788/mt ex-works, excluding VAT, for cash payment and 70-100 day shipment again.
All prices reflect sales concluded to local traders through the Iran Mercantile Exchange on February 9.