SteelOrbis has been informed that the local price levels for ex-Turkey HRS in the UK market are standing at £470/mt ($742/mt) ex-warehouse, excluding VAT; while UK mills are offering HRS to the local market at £490/mt ($773/mt) delivered to customer, excluding VAT.
The flats prices in the UK market have declined by around £55/mt ($87/mt) compared to last week. All prices are for 60-day deferred payment, on actual weight basis.