According to market sources, Chinese hot rolled coil (
HRC) offers to the
UK are currently at GBP 320/mt ($477/mt) CFR, while
HRC offers to the
UK from other EU member countries stand at GBP 325/mt ($484/mt) CFR, both for June delivery. On the other hand, Iranian
HRC offers to the
UK are now at GBP 340/mt ($507/mt) CFR, for August delivery.
GBP 1 = $1.49