EUROPE HRC: Domestic prices inch up on long lead times, lack of imports

Domestic prices for hot-rolled coil in Northern Europe inched up day on day on Thursday February 27, supported by long delivery times for domestic material and a lack of import offers, sources told Fastmarkets.

Fastmarkets’ daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was €484.38 ($526.85) per tonne on February 27, up by €0.67 per tonne day on day from €483.71 per tonne on February 26.

The index was calculated based on achievable prices heard in the range €475-490 per tonne ex-works as well as bids heard...

Published

Maria Tanatar

February 27, 2020

17:22 GMT

London