The recent price rise by a Romanian flat steel producer has not resulted in a major shift and so the Romanian mill and local traders have kept their offers stable week on week. According to market participants, considering nothing has changed in the past week and with the holiday in the middle of the week, trade has remained at minimal levels, resulting in market stability for the time being.
Over the past week, the Romanian producer has maintained hot rolled coil (HRC) prices at €725-730/mt ex-works, while holding back cold rolled coil (CRC) offers. Similarly, the mill's domestic pricing for HDG and PPGI is stable week on week at €780-785/mt ex-works and €1,055-1,080/mt ex-works, respectively.
On the other hand, most traders, who saw little demand this week, have kept offers for both hot rolled sheet (HRS) and cold rolled sheet (CRS) stable week on week at €780-790/mt ex-warehouse and €870-880/mt ex-warehouse, respectively.
Meanwhile, regardless of the absence of import purchases, import offers from Ukraine have been heard and mostly stable. As a result, HRS and CRS offers submitted from Ukraine for delivery to Romania are at €740/mt and €830/mt, respectively.