Demand slack in Egyptian HDG export market

Thursday, 22 March 2012 16:53:22 (GMT+3)   |  
       

SteelOrbis has learned from market sources that Egyptian producers' offers for 180-275 gr/m² zinc coated 1.4-1.9 mm hot dip galvanized (HDG) coils are at $850-890/mt FOB for May shipments. Meanwhile, in Egypt's export market demand from Europe has remained sluggish, while Egyptian HDG products have attracted some interest from Cyprus. Also, Russia has shown some interest in the above offers, but demand from Russia is slower than in the previous month.   

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