Iran’s Mobarakeh holds new export tender
Not having held any export tender for its March and April production due to strong demand from its domestic market, Iranian flats mill Mobarakeh Steel is organizing a new flat steel export tender for its May production. For its tender for HRC and HRS for late May shipments, Mobarakeh will collect bids until April 3. SteelOrbis has been informed by market sources that Mobarakeh is targeting levels of $700/mt FOB for HRC.
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