SteelOrbis has learned that hot rolled sheet (HRS) prices in the local Portuguese market are standing at the level of €610/mt ($860/mt) ex-warehouse, while hot dip galvanized (HDG) steel base prices of local producer Lusosider are at €600/mt ($846/mt) ex-works. In the meantime, hot rolled coil (HRC) offers from Italy to Portugal stand at €530/mt ($747/mt) CFR.
€1 = $1.41