EUROPE HDG: Domestic prices up again but 'peak has passed'

Domestic European prices for hot-dipped galvanized coil rose in the week to Wednesday January 20, with buyers believing that the price has reached its peak, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel HDG, domestic, exw Northern Europe, was €830-850 ($1,006-1,030) per tonne on January 20, up by €20-30 per tonne week on week from €800-830 per tonne.
The assessment was based on achievable prices and the few transactions heard in the market.

The corresponding weekly price assessment for steel HDG, domestic, exw Southern Europe, was €830-840 per tonne on Wednesday, up...

Published

Maria Tanatar

January 21, 2021

19:30 GMT

London