EUROPE HRC: Domestic price rises due to longer lead times, good demand

The domestic hot-rolled coil price in Northern Europe remained fairly stable on Monday February 22, supported by low availability and strong demand.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at €725.00 ($878.51) per tonne on Monday February 22, up by €1.25 per tonne from €723.75 per tonne on February 19.
The index was also up by €6.87 per tonne week on week and by €13.75 per tonne month on month.

The calculation of Monday’s index was based on achievable prices heard at €720-730 per tonne ex-works and a...

Published

Maria Tanatar

February 22, 2021

16:31 GMT

London

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