EUROPE HRC: Import offers slide further, adding pressure on domestic prices

Import offer prices for hot-rolled coil in Europe have been moving downward, adding negative sentiment to the market, sources told Fastmarkets on Tuesday April 7.

Fastmarkets’ daily steel hot-rolled coil index, domestic, exw Northern Europe, was €468.75 ($506.37) per tonne on Tuesday, down by €4.25 per tonne day on day from €473.00 per tonne on April 6.

Tuesday’s index was calculated based on offers and “achievable” prices heard at €460-470 per tonne...

Published

Maria Tanatar

April 07, 2020

18:57 GMT

London