Fastmarkets calculated its daily
steel hot-rolled coil index, domestic, exw Northern Europe at €713.00 ($864.26) per tonne on Thursday, down by €2.50 per tonne day on day from €715.50 per tonne on Wednesday.
The index was still €7.88 per tonne higher week on week and €52.60 per tonne higher month on month.
The calculation of today’s index was based on indications for achievable prices and deals heard at €700-730 per tonne ex-works.
In Southern Europe, Italian buyers reported achievable prices and transactions at €700-715 per tonne ex-works.