SteelOrbis has learned that hot rolled sheet (HRS) prices in the local Portuguese market have decreased by about €10/mt as compared to last week to €580-590/mt ($766-779/mt) ex-warehouse.
SteelOrbis has further learned that hot rolled coil (HRC) offers from Italy to the Portuguese market are standing at €480/mt ($634/mt) CFR, remaining unchanged as compared to last week. It is though that some slight increases may be observed in new offers.
€1 = $1.32