Ex-India HRC and HRP transactions to Europe

Thursday, 07 April 2011 16:55:44 (GMT+3)   |  
SteelOrbis has learned from market sources that a major Indian steel producer has concluded a transaction for 25,000 mt of April production hot rolled coil (HRC) to the European market at €555-560/mt ($792-799/mt) CFR Antwerp for May shipment.
 
SteelOrbis has further learned that the same producer has also sold 25,000 mt of April production hot rolled plate (HRP) to the Portuguese market at €610/mt ($871/mt) CFR Setúbal, also for May shipment.
 
€1 = $1.427

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