EUROPE HRC: Sentiment rises on high import prices, good order books at EU mills

Domestic prices for hot-rolled coil in Northern Europe were expected to rise due to a combination of uncompetitive import offers and good order books at EU mills, sources told Fastmarkets on Monday January 27.

Fastmarkets’ daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was €461.25 ($508.42) per tonne on Monday, compared with €460.81 per tonne on January 24.

The index was based on “workable” prices heard at €460-470 per tonne ex-works...

Published

Maria Tanatar

January 27, 2020

19:18 GMT

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