EUROPE HDG: Domestic prices rise in the north supported by good demand

Domestic prices for hot-dipped galvanized coil (HDG) increased in Northern Europe over the past week, supported by strong demand, sources told Fastmarkets.

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.
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Published

Maria Tanatar

February 20, 2020

09:54 GMT

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