EUROPE HRC: Domestic prices still under pressure from poor demand

Northern European hot-rolled coil producers still face poor demand for flat steel, sources told Fastmarkets on Monday June 1.

Fastmarkets’ daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at €402.50 ($446.83) per tonne on Monday June 1, up by €1.79 per tonne from €400.71 per tonne on May 29.

Monday’s index was calculated based on the latest deals, “workable” prices heard at €390-405 per...

Published

Maria Tanatar

June 01, 2020

17:27 GMT

London