As per its latest price list issued on February 25, 2008, Iranian steelmaker Mobarakeh Steel has increased its local sales price for 0.70-0.90 mm cold rolled coils by IRR 250/kg ($27/mt) to IRR 7,576/kg (approx. $814/mt) for May 2008 shipments.
1 USD = 9,310 IRR (Central Bank of the Islamic Republic of Iran)