Some Northern European mills announced a price rise for the product of about €30 ($33) per tonne, according to market sources.
Fastmarkets’ weekly price assessment for steel HRC, domestic, exw Northern Europe
, was €420-425 ($462-468) per tonne on November 13, compared with €415-425 per tonne a week earlier.
Taking the announced rise into account, the mills’ target price would be around €450-455 per tonne ex-works.
Although no deals...