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.
Iran seeks to raise HRC export offers
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