SteelOrbis has been informed that in the Polish market ArcelorMittal Poland's June production HRC prices are currently standing at the base prices level of €600/mt ($740/mt) ex-works, whereas local market prices of HRC are at €570/mt ($703/mt) ex-warehouse. The weak trend of demand and the decline of the euro compared to the dollar have affected the local Polish market, with hot rolled product prices showing a decrease of €20-25/mt ($25-31/mt) as compared to last week.
€1 = US$1.233