EUROPE HRC: Domestic prices rise in south on lower availability, lack of competitive imports

Domestic prices for hot-rolled coil (HRC) have risen in Southern Europe due to lower availability of the material from the region’s mills and a lack of competitive import offers, sources told Metal Bulletin this week.

Metal Bulletin’s weekly price assessment for domestic HRC in Southern Europe went up to €530-545 ($650-669) per tonne ex-works this week, compared with €520-540 per tonne ex-works a week earlier. The assessment reflected transactions reported in the market. “The mills are going to look for further price rises,” an Italian distributor said. “They will use reduced volumes from [Italian steelmaker] Ilva and a lack of...

Published

Maria Tanatar

January 24, 2018

19:35 GMT

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