According to the latest price list dated September 17, 2007, Iranian steelmaker Mobarakeh Steel is selling hot rolled coils in the local market at the following levels:
Thickness |
Price |
Price change |
2 mm |
IRR 6,855/kg ($735/mt) |
+IRR 105/kg ($11/mt) |
5-6 mm |
IRR 6,525/kg ($700/mt) |
+IRR 125/kg ($13/mt) |
The prices are given for November 2007 shipments.
1 USD = 9,320 IRR (Central Bank of the Islamic Republic of Iran)