EUROPE HRC: Northern European prices up but mills seek further rises

Domestic transaction prices for hot-rolled coil in Northern Europe inched upward day on day on Monday July 6 with steelmakers insisting on further price rises, sources have told Fastmarkets.

“The mills are stubborn when it comes to price negotiations [and are] targeting higher prices. And the prices have been slowly moving up,” a Northern European distributor said.

Fastmarkets’ daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at €402.32 ($452.34) per tonne on Monday July 6, up by €0.32 per tonne day on day from €402.00 per tonne on...

Published

Maria Tanatar

July 06, 2020

15:50 GMT

London