Although some mills in the north of Europe have been offering material at relatively low prices of about €415-425 per tonne ex-works, market sources believe that such prices will soon no longer be available.
This is largely in line with Fastmarkets’ latest weekly price assessment for steel HRC, domestic, exw Northern Europe
, of €420-425 ($463-468) per tonne on November 20.
But steelmakers in the region have been targeting prices of €440-450 per tonne ex-works. And market...