The flat-rolled steel prices in South Europe and Middle East were remained stable this weak.
Ilyich Iron & Steel Work’s latest export price of hot rolled coil and cold rolled coil was being quoted at FOB US$400/ton and FOB US$480/ton respectively. And its export price of heavy plate and ship plate was FOB US$600/ton and FOB US$650/ton.
In Saudi Arab, price of hot rolled coil and cold rolled coil was US$667/ton and US$800/ton respectively. And price of hot-dip galvanized steel price was around US$853~1,013/ton.
In South Europe, Ilva’s base price for hot rolled coil was at €380 - €390/ton. Its base price of cold rolled coil was at €440/ton. And the base price of hot-dip galvanized steel was €560~570/ton. Source: Yieh.com