Import and local HRC prices in Italy

Tuesday, 08 October 2019 18:03:57 (GMT+3)   |   Brescia
       

According to market sources, an ex-Egypt offer for hot rolled coil (HRC) is at €405/mt CFR Italian port, with shipping by the second half of November. However, sources close to SteelOrbis believe that this price cannot work considering that domestic prices in Italy are at €410-425/mt ex-works on average. Meanwhile, in recent weeks an Italian buyer has purchased 20,000 mt of HRC from a Russian producer at a price of $398/mt CFR, duty included. About ten days ago, the same buyer purchased 30,000-40,000 of HRC from Turkey at $430/mt CFR.

€1 = $1.10


Similar articles

Flat steel prices in local Taiwanese market - week 13, 2024

28 Mar | Flats and Slab

US sheet prices tick up modestly ahead of Easter weekend

28 Mar | Flats and Slab

European HRC prices keep falling, demand still shows signs of fatigue

28 Mar | Flats and Slab

Vietnam’s Hoa Phat and Formosa seek AD investigation on Chinese HRC

28 Mar | Steel News

Major steel and raw material futures prices in China - March 28, 2024

28 Mar | Longs and Billet

UAE’s HRC market still sluggish, offers from India fall slightly

27 Mar | Flats and Slab

Import HRC prices in Vietnam retreat again due to slump in China

27 Mar | Flats and Slab

Vietnam’s Hoa Phat produces nine millionth mt of HRC

27 Mar | Steel News

Major steel and raw material futures prices in China - March 27, 2024

27 Mar | Longs and Billet

HRC consumption in Mexico up 30.6 percent in January

26 Mar | Steel News