SteelOrbis has been informed that the local price levels for HRS in the Portuguese market are currently in a range of €410-420/mt ($556-569/mt) ex-warehouse for 60-day deferred payment. Meanwhile, in the Portuguese domestic market base prices of HDG are at the level of €450/mt ($610/mt) ex-works.
In the Portuguese flats market, although demand is still weak, price levels have this week remained unchanged as compared to last week.
€1 = US$1.35486