Coated flat steel prices in the Italian market have remained unchanged since last week, while demand for coated flat steel products in Italy is still weak. European and Indian mills are expected to announce new prices for their August production next week, if not in the current week, and prices are forecast to remain at current levels or decrease by about €10-15/mt ($13-19/mt).
Accordingly, 0.6 mm hot dip galvanized (HDG) prices in the Italian domestic market are still at €650-655/mt ($818-824/mt), while prices for 100 gr/m² zinc coated RAL 9001 pre-painted sheet of 0.6 mm thickness are standing at €830-850/mt ($1,044-1,069/mt), both ex-warehouse.
Meanwhile, SteelOrbis has learned from market sources that Indian 0.6 mm PPGI offers to Italy are still standing at €800/mt ($1,006/mt) CFR, while Indian offers for 0.6 mm hot dip galvanized (HDG) sheet are at €650/mt ($818/mt) CFR.
€1 = $1.258