Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe
, at €727.50 ($882.53) per tonne on Tuesday, up by €9.37 per tonne from €718.13 per tonne on February 15.
The index was also up by €17.50 per tonne week on week and by €11.50 per tonne month on month.
The calculation of Tuesday’s index was based on achievable prices and transactions heard at €714-740 per tonne ex-works.
Market sources also estimated achievable prices from Italian mills...