SteelOrbis has learned from market sources that, although demand lacks strength in the Italian flat steel market, due to reduced inventory levels buyers are now foreseen to start their bookings. However, it is indicated that these buyers prefer to wait for the time being for the market to gain a clearer shape.
On the other hand, SteelOrbis has further learned that hot rolled coil (HRC) sales price at Italian ports stand at €570-590/mt ($801-829/mt) ex-warehouse. In the meantime, although Italian steelmakers' HRC offers are at €620/mt ($872/mt) ex-works, the actual transaction prices may be €10-15/mt ($14-21/mt) below this price level.
€1 = $1.406
HRC prices in local Italian market
Marketplace Offers
Hot Rolled Coil
Thickness
2 mm
Width
1,500 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,200 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,000 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.