EUROPE HRC: Reduced availability keeps market mood positive

Reduced availability of hot-rolled coil in Europe from both mills within the region and from overseas suppliers has been supporting domestic prices, sources have told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at €487.81 ($569.82) per tonne on Thursday September 24, up by just €0.20 per tonne from €487.61 per tonne on Wednesday.
The index was up by €5.31 per tonne week on week and by €44.06 per tonne month on month.

Thursday’s index was based on deals heard at...


Maria Tanatar

September 24, 2020

15:08 GMT