Fastmarkets’ weekly price assessment for steel HDG, domestic, exw Northern Europe
, was €570-600 ($615-648) per tonne ex-works on February 19, compared with €560-600 per tonne ex-works a week earlier. Starting from the year beginning the assessment increased by €45-60 per tonne.
The assessment reflects the deals and offers heard in the market.
The price recovery was supported by a combination of good demand, the lack of competitive import offers and the rising cost of feedstock in the form of domestic hot-rolled coil.