Mobarakeh HRC tender

Thursday, 02 November 2006 15:01:38 (GMT+3)   |  
SteelOrbis has learned that bids at the following levels have been received by Iranian mill Mobarakeh Steel in a hot rolled coil and sheet sales tender which has not been awarded yet:
 

For sales to Europe           Euro 392-399/mt FOB 
For sales to Middle East      $510-515/mt FOB
For sales to India            $475-476.50/mt FOB
It is reported that Mobarakeh Steel has put a minimum price condition for India at $490/mt FOB because of the price difference in this market compared to Europe and the Middle East.

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