SteelOrbis has been informed that Italian angle offers to Greece have increased by €15/mt ($17/mt) over the past two weeks to the range at €495-500/mt ($559-565/mt) CFR. The main reason for the increase in ex-Italy angle prices is the general uptrend in global raw material prices and production costs.
Meanwhile, a Greek producer's angle export offers have increased by €10/mt ($11/mt) over the past two weeks to the range of approximately €500-505/mt ($565-571/mt) CFR.
€1 = $1.13