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Steel plates and HR prices remain consistent in Europe- 08 Jan 10

It is reported that flat steel product prices remained unchanged despite inactivity in Europe.
EU Mills have booked some quantities of HRC, for 1st Q''11 delivery, at EUR 550 per tonne to EUR 560 per tonne basis parity. 
But, some bookings of prime stock HRC of EU origin have also been done at levels around EUR 515 per tonne to EUR 520 per tonne CFR FO.
HRP has been booked, for 1st Q''11, at EUR 580 per tonne to EUR 590 per tonne EXW basis, with levels of EUR 600 per tonne or more in sight. 
Import offers for plates, at levels of EUR 550 per tonne to EUR 560 per tonne CFR FO, are not cutting much ice.

Jan 8, 2011 13:21
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