According to market sources, flat steel prices have weakened further in the Italian domestic market amid low demand. Hot rolled coil (HRC) transaction prices have decreased by €2.5/mt on average compared to March 26 to €460-475/mt ($515-532/mt) ex-works. Meanwhile, compared to two weeks ago, cold rolled coil (CRC) and hot dip galvanized (HDG) coil prices have decreased by €10/mt and €5/mt respectively, with CRC prices now at €545-555/mt ($610-622/mt) and HDG prices are at €555-565/mt ($622-633/mt), all ex-works.
€1 = $1.12