SteelOrbis has learned from market sources that Iranian flat steel producer
Mobarakeh Steel is preparing to hold an hot rolled coil (
HRC) export tender this week and it is reported that the producer is aiming for a price level of $640/mt FOB fort he Middle Eastern markets.
As SteelOrbis previously reported, in early February
Mobarakeh Steel was offering March production hot rolled coil (
HRC) to export markets at $610/mt FOB for
Europe, at $620/mt FOB for the
Middle East and at $635/mt FOB for India.