According to market sources, while demand in the UK flat steel market has improved slightly over the past week, strong competition between the major market players has prevented prices from moving upwards.
HRC offers in the UK domestic market have decreased by £5/mt ($8/mt) compared to last month and are now at £400-410/mt ($672-689/mt) ex-works, excluding 20 percent VAT and for July production.
Ex-India HRC offers to the UK have remained unchanged since last month at £385-395/mt ($647-664/mt) CIF. HRC offers from Europe to the UK have softened by £5/mt ($8/mt) over the same period to £390-400/mt ($655-672/mt) CIF, while ex-China HRC offers have decreased by £10/mt ($16/mt) month on month and are currently at £370-380/mt ($622-638/mt) CIF. All the prices are for September shipments.
£1 = $ 1.68
HRC prices in UK 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.
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