EUROPE HRC: Domestic prices stable, prices expected to rise - sources

Domestic prices in Europe are almost unchanged day on day, but the mood in the market has remained positive, sources told Fastmarkets on Thursday January 16.

European steelmakers have moved offers up and are reluctant to give discounts, according to market sources. A lack of competitive import offers and some seasonal demand recovery are supporting the positive market sentiment.

Fastmarkets’ daily steel hot-rolled coil index domestic, ex-works Northern Europe was fairly stable at €443.10 ($493.66) per tonne on Thursday January 16, up by €0.04 per tonne...

Published

Maria Tanatar

January 16, 2020

16:25 GMT

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