Ex-India coated coils offers to Italy on rise

Thursday, 18 February 2010 11:40:56 (GMT+3)   |  
       

SteelOrbis has been informed that 0.6 mm 100 gr/m² zinc coated HDG offers given from India to Italy are currently standing at €650/mt ($880/mt) CFR, while ex-India offers for PPGI of 0.6 mm thickness with 100 gr/m² zinc coating to the same destination are standing at €710/mt ($961/mt) - both for 90-day deferred payment and for April shipment. In the Italian market, while the ex-India HDG offers are thought to be too high, the Indian PPGI offers are considered to be more acceptable.

€1= US$ 1.354


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