According to the price list dated May 1, 2006, Iranian steelmaker Mobarakeh Steel is selling hot rolled coils in the local market at the following levels:
Thickness Price Price increase 2 mm IRR 4,050/kg (approx. $443/ton) IRR 100/kg 2-3.5 mm IRR 3,900/kg (approx. $427/ton) IRR 70/kg 4-7 mm IRR 3,930/kg (approx. $430/ton) IRR 70/kgThe prices are given for July 2006 shipments. 1 USD = 9,137.00 IRR