EUROPE CRC: Rise in offer levels not reflected in transaction prices

Domestic prices for cold-rolled coil (CRC) in Europe have been stable over the past week, sources told Fastmarkets.

Prices are expected to increase later this month following the rise in official offers, market participants said. Some European steelmakers, including ArcelorMittal, increased their official offers which pushed offers for flat steel products up by €30 ($34) per tonne at the end of last week. As a result, some mills in both north and south Europe have withdrawn offers from the market, leaving...


Maria Tanatar

February 07, 2019

17:21 GMT