Northern European mills increase HRC offers on higher costs, recovering demand

Northern European steelmakers have increased their official hot rolled coil (HRC) offers on higher raw material costs and a recovery in the global flat steel market, sources told Metal Bulletin.

Metal Bulletin’s 62% Fe Iron Ore Index was at $70.24 per tonne cfr Qingdao on June 19, up by 9.66% week-on-week.

In addition, the European Commission (EC) is expected to definitively announce a minimum import price for HRC from Russia, Ukraine, Brazil and Iran in its anti-dumping case by October 6, with Serbia to...

Published

Maria Tanatar

July 20, 2017

09:30 GMT

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