In the Indian HDG export market, prices have been maintaining their high levels, due to local mills' having good fullness rates; however, real demand is weak. Meanwhile, this wait-and-see stance is accepted in India, since the third quarter is generally sluggish due to the season. On the other hand, integrated mills; i.e. Essar, Sail and Ispat, seem to be completely out of HDG export markets.
Indian HDG export offers given for zinc coated materials on FOB India basis are as follows:
Producer |
Specification |
Price |
Export market |
Bhushan |
0.40 mm 100gr/m² |
$890/mt |
USA |
Bhushan |
0.58 mm 140gr/m² |
€550-560/mt |
|
Bhushan |
0.75 mm 250gr/m² |
$830/mt |
|
JSW |
0.40 mm 100gr/m² |
$850/mt |
USA |
JSW |
0.58 mm 140gr/m² |
€530-535/mt |
|
JSW |
0.75 mm 250gr/m² |
$790/mt |
|
Shree |
0.40 mm 100gr/m² |
$860-870/mt |
- |
Offers given by Jindal Steel Works (JSW) are given for October production.
€1 = US$1.41266