Demand in the Portuguese flat steel market has been weak during the past month. Portuguese buyers have been focused on imports amid the fluctuations recorded in the US dollar-euro exchange rate, while demand has weakened due to approaching holiday season. Over the past month, hot rolled sheet (HRS) prices in the local Portuguese market have increased by €10/mt ($11/mt) to €480-490/mt ($533-544/mt) delivered to customer, excluding 23 percent VAT, and for May deliveries. Meanwhile, hot dip galvanized (HDG) coil prices in the local Portuguese market are currently at €490/mt ($544/mt) ex-works, also excluding 23 percent VAT, but for July production.
On the other hand, Spanish hot rolled coil (HRC) to Portugal are still in the range of €405-410/mt ($440-455/mt) CIF, for July production.
€1 = $1.11
Latest situation in Portuguese flat steel market
Marketplace Offers
Chequered Sheet
Thickness
2 - 10 mm
Width
600 - 1,300 mm
Length
1,500 - 4,000 mm
St 37-2 DIN 17100
Tedarikçi
MUTAS DEMIR CELIK SAN TIC .A.S.
Printed Sheet-Pressure Sheets
Thickness
0.5 - 2 mm
Width
600 - 1,200 mm
Length
400 mm
Tedarikçi
MUTAS DEMIR CELIK SAN TIC .A.S.
Hot Rolled Coil
Thickness
1.5 - 25 mm
Width
1,000 - 1,500 mm
Coil
R
Tedarikçi
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.