EUROPE CRC: Domestic prices up on tight supply, rising feedstock costs

Domestic cold-rolled coil prices in Europe increased in the week to Wednesday November 18 due to tight supply from local mills and higher feedstock costs, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel CRC, domestic, exw Northern Europe was €590-620 ($700-736) per tonne on November 18, widening upward from €590-600 per tonne a week earlier based on deals and offers for March-April shipment coil heard in the market.

Fastmarkets’ corresponding weekly price assessment for steel cold-rolled coil, domestic, exw Southern Europe was €580-620 per tonne...

Published

Maria Tanatar

November 19, 2020

12:20 GMT

London