EUROPE HRC: Domestic market stable in north, sentiment positive

Domestic prices for hot-rolled coil have been fairly stable day on day in the north of Europe and sentiment remains positive, sources told Fastmarkets on Tuesday February 18.

Fastmarkets’ daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was €480.31 ($520.51) per tonne on Tuesday February 18, up by €0.31 per tonne from €480.00 per tonne on February 17.
The index was calculated based on deals and “workable” prices heard at €475-485 per tonne ex-works.
Official offers have been heard at €490-500 per tonne ex-works.

Domestic prices have been supported by the combination of a lack of competitive import offers and good...


Maria Tanatar

February 18, 2020

16:00 GMT