In the Portuguese flat steel market, both domestic and import offers have declined as compared to previous weeks due to the sluggish market activity.
In the local Portuguese market, both hot rolled coil (HRC) and hot dip galvanized (HDG) coil prices stand at €610/mt ($854/mt) ex-works.
In the meantime, Spanish offers to Portugal for special quality HRC are at €530/mt ($742/mt) CFR.
€1 = $1.4