SteelOrbis has been informed that the local price levels for imported HRS in the Portuguese market are in a range of €430-440/mt ($585-598/mt) ex-warehouse for 60-day deferred payment. Meanwhile, the base price of HDG is at the level of €420/mt ($571/mt) ex-works. In the Portuguese domestic market flats prices have remained the same as compared to last week, while demand has been quiet. On the HDG side, it is expected that Lusosider will raise its base prices due to the increases seen in zinc prices.
€1 = US$1.35971