22
Jun
11:57
European HRC import offers rebound after safeguard extension
Import offers for hot rolled coil into Europe have started looking up again since last week, as the foregone conclusion of the continuation of safeguard measures for another three years circulated in the market.
Traders note the market is relatively silent in terms of bookings, but offers have increased again after a few weeks of coming down.
Indian suppliers are reported as the most competitive, at just under €880/tonne ($1,048) cif Italy. However, buy…
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Anonymous
Very good overview of the weekly steel market.
Anonymous