Ex-Spain merchant bar offers to Portugal

Thursday, 04 June 2009 09:26:01 (GMT+3)   |  
It is heard that Spanish mills' angle and flat bar offers to Portugal have shown some softening as compared to last week. Accordingly, Spanish mills' angle and flat bar offers to Portugal are standing in the range of €420-425/mt ($596-603/mt), while the offers given for IPN up to 180 mm and UPN up to 160 mm to the same country have maintained their levels of around €420/mt ($596/mt). The prices are on actual weight basis and for delivery to customer. In the market in question end-user demand is at low levels.

€1 = US$1.418

Similar articles

EU industrial rebound to boost steel use by 4.9 percent in 2011

Contraction in European passenger car market continues in June

Rising raw material prices exert growing influence on global rebar markets

European new car market expands by 11.2 percent in October

Iran tops list of Turkey’s merchant bar & section export markets in Jan-Oct

Low demand in Portuguese flats market

Turkish WR mills seek to overcome lack of demand with alternative export markets

Ex-Italy flat steel offers to Portugal

European rebar markets return from holidays with price increases

Strong Far Eastern steel demand boosts rebar prices