Domestic coil offers push up in Southern Europe as input costs rise

Some domestic mills in Southern Europe have increased coil offers due to rising raw materials costs and the recovery of the international flat steel market, sources told Metal Bulletin this week.

ArceorMittal in Spain has increased its offer prices for third-quarter production coil by €30 ($34) per tonne, trading sources said, although no deals have been reported yet at the higher prices. “ArcelorMttal has announced an increase of €30 [$34] per tonne. Most likely, in parallel, [it will] close orders at the old...


Maria Tanatar

July 13, 2017

11:08 GMT