SteelOrbis has learned that 3-8 mm hot rolled sheet (HRS) prices in the local Portuguese market are currently standing at €580-590/mt ($742-755/mt) ex-warehouse.
Although HRS demand is currently low in Portugal, prices are expected to see an increase of €10/mt ($13/mt) during the current week and to reach €600/mt ($768/mt) ex-warehouse.
€1 = $1.28