EUROPE HRC: Domestic prices inch down on lack of demand

Domestic prices for hot-rolled coil in Europe have inched down over the past week due to a lack of buying activity, sources told Fastmarkets on Wednesday June 3.

Fastmarkets’ daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at €402.00 ($448.48) per tonne on Wednesday, down by €1.00 per tonne from €403.00 per tonne on Tuesday.
Wednesday’s index was calculated based on bids and “workable” prices heard at €390-405 per tonne ex-works and offers reported at €400-410 per ex-works.

The index was down by €5.50 per tonne week on week and by €21.13 per tonne month on month....

Published

Maria Tanatar

June 03, 2020

18:18 GMT

London