The latest flat steel import and domestic offers given to the Italian market are as follows:
Origin | Product | Price |
HRC (base) | €380-390/mt ex-works | |
€370-380/mt CFR | ||
€450-460/mt CFR | ||
China/trader | €365-370/mt CIF |
In the Italian flats markets, demand is quite sluggish due to the decreasing price trend. The offers from China are given for 3 mm and above thicknesses. It is heard that counter bids for Chinese offers are standing in the range of €350-360/mt CFR. For now, no offers are heard from Egypt. On the other hand, Russian offers are for November production and 90-day deferred payments.
€1 = US$1.48888