The price level of angles in the Italian domestic market is at around €460/mt ($680/mt) delivered to warehouse for 60-day deferred payment, excluding VAT, on actual weight basis.
Profiles for the export market are currently in a range of around €470-475/mt ($694-702/mt) FOB Italy for January shipments, on actual weight basis.
The angles prices in the Italian domestic merchant bar market are at the same level compared to last week. It is expected that the market demand will continue to remain calm for the rest of 2007.