EUROPE HDG: Shortage drives domestic prices up, mills raise offers further

Domestic European prices for hot-dipped galvanized coil increased over the week to Wednesday November 18, due to a combination of low availability, solid demand and a lack of imports, sources told Fastmarkets this week.

Fastmarkets’ weekly price assessment for steel HDG, domestic, exw Northern Europe, was €630-645 ($748-765) per tonne ex-works on Wednesday, up by €15-20 per tonne from €610-630 per tonne ex-works a week earlier.

The assessment was based on deals and “workable” prices heard in the...

Published

Maria Tanatar

November 19, 2020

19:14 GMT

London