Having concluded HRC sales at $725/mt FOB for its May production, Iranian flats mill Mobarakeh Steel is organizing a new flat steel export tender for its June production. The results of the tender will be announced on April 23.
Also, Mobarakeh Steel is heard to have sold 3,000 mt of HRC to its local market at the price level of IRR 62,750,000/mt ($634/mt).
US$1 = IRR9,903