ArcelorMittal imposes sudden sharp rise in HRC offers across Europe

ArcelorMittal has increased its offer price for hot-rolled coil (HRC) in Europe with immediate effect, sources told Fastmarkets on Friday January 10.

The steelmaker was now offering HRC at €500 ($555) per tonne ex-works in Northern Europe and €480 per tonne ex-works in Southern and Central Europe.

This compared with Fastmarkets’ daily calculation of the steel HRC index, domestic, ex-works...

Published

Maria Tanatar

January 10, 2020

19:05 GMT

Dnepr