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