EUROPE CRC: Domestic prices stable as buyers hold back

Domestic prices for steel cold-rolled coil in Europe were fairly stable in the week to Wednesday October 21 with buyers continuing to monitor the market, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel CRC, domestic, exw Northern Europe, was €570-590 ($673-696) per tonne on October 21, compared with €570-580 per tonne a week earlier.
The assessment reflected “workable” prices and the latest deals heard in the market, while official offers have been reported at €590-600 per tonne ex-works.

The corresponding weekly...

Published

Maria Tanatar

October 21, 2020

17:52 GMT

London