EUROPE HRC: Domestic prices look upward after offers rise

Europe's domestic prices for hot-rolled coil (HRC) are expected to increase after mills increased official offers, sources told Metal Bulletin.

ArcerloMittal announced a price increase on its coil products in Northern Europe on Tuesday December 12. Metal Bulletin’s weekly price assessment for domestic HRC in Northern Europe was €530-550 ($623-647) per tonne ex-works on December 13, up from €520-540 per tonne ex-works a week earlier. The assessment reflects bids and “workable” prices heard in the market, with official offers reported at €560-580 per tonne ex-works. “The prices for spot and quarterly deals will increase soon, however I do...

Published

Maria Tanatar

December 13, 2017

19:36 GMT

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