SteelOrbis has been informed that the local price levels for imported HRS in the Portuguese market are in a range of €430-440/mt ($594-608/mt) ex-warehouse for 60-day deferred payment. Meanwhile, the base price of HDG is at the level of €420/mt ($580/mt) ex-works. In the Portuguese domestic market flats prices have remained the same as compared to last week, while demand has been quiet.
€1 = US$1.382