EUROPE HRC: Northern European mills keep prices stable despite lower import offers

European domestic prices for hot-rolled coil have not changed despite the decline in import offers, sources told Fastmarkets on Friday March 27.

Fastmarkets’ daily steel hot-rolled coil index, domestic, exw Northern Europe, was unchanged day on day at €473.00 ($518.70) per tonne on March 27.
Friday’s index was calculated based on offer prices heard at €470-480 per tonne ex-works as well as “workable” prices estimated by market sources at €460-470 per tonne ex-works.

No new deals have been heard in the market but steelmakers in the region continue to fulfil existing...

Published

Maria Tanatar

March 27, 2020

17:48 GMT

London