SteelOrbis has been informed that UK steelmaker Corus is offering HRC for the country's local market at £475/mt ex-works for June-July shipments.
Demand in the UK domestic flats market is registering normal levels. It is reported that Corus has sold off materials at the above price for the period until early July. Corus is planning to hike its prices by another £125/mt in July; however, the mill is of the view that this future hike will not be welcomed by the buyers.