In the Portuguese market HRS prices are at €470/mt ($697/mt) ex-warehouse on actual weight basis for 60-day deferred payment, while Italian origin HRC offers are standing at the level of €380/mt ($564/mt) delivered to Portugal. Meanwhile, the same origin CRC offers in this market are at €460/mt ($682/mt), also delivered to Portugal.
With demand for flats at low levels in Portugal, Italian origin HRC and CRC offers to this country have decreased by €20/mt in general compared to three weeks ago.
€1 = US$1.4837