EUROPE HRC: Tight supply drives price higher

The domestic hot-rolled coil price in Europe increased again day on day on Friday November 20, supported by tight supplies, sources told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at €541.25 ($641.14) per tonne on Friday, up by €3.37 per tonne from €537.88 per tonne on Thursday. 
The index was also up by €16.15 per tonne week on week and by €44.75 per tonne month on month.

Friday’s index was based on the latest...


Maria Tanatar

November 20, 2020

17:49 GMT