ArcelorMittal to again increase coil prices across Europe - sources

ArcelorMittal is to increase its official spot offer price for second-quarter rolling hot-rolled coil across Europe to €650 ($788.56) per tonne ex-works effective immediately, sources told Fastmarkets on Friday December 4.

They added that the traditional gap between offers in Northern and Southern Europe has now disappeared altogether.
Offers of hot-dipped galvanized coil also moved up to €750 per tonne ex-works, sources said.
The latest move comes just two weeks after the company announced a previous price rise.

Northern European producers have been offering April rolling coil, while Italian producers still have...

Published

Maria Tanatar

December 04, 2020

18:32 GMT

London