EUROPE HRC: Domestic prices slide further on poor demand

Domestic prices for hot-rolled coil in Northern Europe decreased day on day on Friday May 22 due to limited trading activity, sources have told Fastmarkets.

Fastmarkets’ daily steel hot-rolled coil index, domestic, exw Northern Europe, was €407.50 ($446.75) per tonne on Friday, down by €1.67 per tonne from €409.17 per tonne on Thursday.
Friday’s index was calculated based on deals and “workable” prices heard at €400-410 per tonne ex-works as well as offers reported at €405-415 per tonne ex-works.

The index was...

Published

Maria Tanatar

May 22, 2020

17:25 GMT

London