According to the latest price list dated February 25, 2008, Iranian steelmaker Mobarakeh Steel increased its sales price for 5-6 mm hot rolled coils in the local market by IRR 398/kg ($43/mt) to IRR 7,529/kg ($808/mt) for April 2008 shipment.
1 USD = 9,310 IRR (Central Bank of the Islamic Republic of Iran)