Mobarakeh Steel Company exported 18 tons of hot-rolled coil worth 4.62 trillion rials ($9.37 million) in the third month of the current Iranian year (May 22-June 21). The company’s hot-rolled coil export price stood at 257.18 billion rials ($522,033) per ton during the period, IRIB News reported. The company’s output of hot-rolled coil amounted to 436 tons, of which 443 tons were sold for 121.92 trillion rials ($247.47 million). The average export price of this product stood at 402.97 billion rials ($817,964). The company’s coated coil output amounted to 29 tons, all of which were sold for 13.02 trillion rials ($26.42 million).

Source: The North Africa Journal July 16, 2023 06:56 UTC