On August 11, SteelOrbis reported ex-Venezuela HBI deal prices at $240-245/mt FOB to the EU with offers at $260/mt FOB.
According to sources, deal prices this week continue at $240-245/mt FOB with offers at $255-260/mt FOB. At the present trade level of $240-245/mt FOB to the EU, prices are approximately $290-300/mt CFR Southern Europe.