In previous weeks, flat steel import offers to the Portuguese market had increased by about €20-30/mt ($27-40/mt). However, since the increased prices have failed to gained acceptance in the market, import offers have been pushed down by €10-20/mt ($13-27/mt). Traders have told SteelOrbis that, while flat steel demand lacks strength in Portugal, domestic hot rolled sheet (HRS) prices have risen by €10/mt ($13/mt) as compared to two weeks ago, reaching €600-610/mt ($798-811/mt) ex-warehouse.
Italian offers to Portugal for March production hot rolled coil (HRC) are standing at the base price level of €530/mt ($705/mt) CFR, while HRC offers from Spain are at €555/mt ($738/mt) CPT. In the meantime, cold rolled coil (CRC) import offers from Italy are at around €610/mt ($811/mt) CFR.
Steel plate inventories are reported to be low in Portugal, while Italian plate offers to Portugal are standing at the base price level of €600/mt ($798/mt) CFR.
On the other hand, Portuguese producer Lusosider is offering hot dip galvanized (HDG) coil to its domestic market at €650/mt ($865/mt) ex-works, up by €30/mt ($40/mt) as compared to mid-February.
€1 = $1.33
Flat steel import offers to Portugal decline amid slack demand
Tags: Galvanized Hrc Crc Plate Flats Portugal Spain Italy European Union Mediterranean Europe Steelmaking Lusosider
Marketplace Offers
Chequered Sheet
Thickness: 2 - 10 mm
Width: 600 - 1,300 mm
Length: 1,500 - 4,000 mm
Thickness: 2 - 10 mm
Width: 600 - 1,300 mm
Length: 1,500 - 4,000 mm
St 37-2 DIN 17100
MUTAS DEMIR CELIK SAN TIC .A.S.
Printed Sheet-Pressure Sheets
Thickness: 0.5 - 2 mm
Width: 600 - 1,200 mm
Length: 400 mm
MUTAS DEMIR CELIK SAN TIC .A.S.
Thickness: 0.5 - 2 mm
Width: 600 - 1,200 mm
Length: 400 mm
MUTAS DEMIR CELIK SAN TIC .A.S.
Hot Rolled Coil
Thickness: 1.5 - 25 mm
Width: 1,000 - 1,500 mm
Coil: R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Thickness: 1.5 - 25 mm
Width: 1,000 - 1,500 mm
Coil: R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.