EUROPE HRC: Domestic price fairly stable supported by tight supply

The domestic hot-rolled coil price in Northern Europe was fairly stable day on day on Friday February 19, supported by reduced availability of material.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at €723.75 ($873.28) per tonne on Friday, down by €1.25 per tonne from €725 per tonne on February 18.
The index was, however, up by €3.75 per tonne week on week and by €4.75 per tonne month on month.

The calculation of Friday’s index was based on achievable prices heard at €710-730 per tonne ex-works and a...

Published

Maria Tanatar

February 19, 2021

17:51 GMT

London