Romania’s sole flats producer had been gradually decreasing its domestic prices for several weeks in a row, but currently the supplier is keeping its offers stable, aiming to watch market developments. However, the earlier provided discounts have resulted in Romanian traders’ prices decreasing particularly in the hot rolled sheet (HRS) segment, while their offers for cold rolled sheet (CRC) have remained stable.
The domestic steel producer in Romania has kept offers for hot rolled coil (HRC) and cold rolled coil (CRC) at €680/mt ex-works and €780/mt ex-works, respectively. Similarly, the mill's prices for HDG and PPGI have stabilized week on week at €810/mt ex-works and €1,140/mt ex-works, respectively.
On the other hand, traders' pricing for HRS has decreased by €20/mt to €800-820/mt ex-warehouse, whereas their CRS offers have remained unchanged from last week, at €960-1,000/mt ex-warehouse.
“We are trying to sell at the higher end of the market, while there are also lower prices because some traders seek to stimulate demand though sales volumes are still quite small,” a Romanian trader told SteelOrbis.
Meanwhile, in the import segment, according to sources, ex-Ukraine HRS has been offered at €680-690/mt CIF Romania, while Serbia has decreased its HRC offers to €600/mt DAP from €650/mt DAP before.
