EUROPE HRC: Buyers remain in ‘wait-and-see’ mode

The market for hot-rolled coil in Northern Europe has been largely slow, and both buyers and sellers remained in “wait-and-see” mode, sources told Fastmarkets on Tuesday February 11.

Fastmarkets’ daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was down by €0.18 day on day to €473.57 ($517.91) per tonne on Tuesday.
The calculation was based on deals and “workable” prices heard at €470-480 per tonne ex-works.

Steelmakers told Fastmarkets...


Maria Tanatar

February 11, 2020

16:42 GMT