Currently, HRS prices in the Portuguese domestic market are standing at €540-550/mt ($713-726/mt), while HRC prices are at €490-500/mt ($647-660/mt), both ex-warehouse and for June deliveries. In the meantime, Spanish HRC base offers to Portugal stand at €455/mt ($601/mt) CFR and Italian HRC base offers can be found at €430/mt ($568/mt) CFR - both for August shipments.
On the other hand, Portuguese hot dip galvanized (HDG) coil producer Lusosider has reduced its prices by €15/mt ($20/mt) this month to €535/mt ($710/mt) ex-works, for July deliveries.
€1 = $1.32
Weekly price movements of different steel products in major markets can be viewed comparatively in the SteelOrbis Historical Steel Prices section. Market trends can thus be seen more clearly, while desired charts can be created and used in reports or presentations.