EUROPE HRC: Shortage drives Northern European prices higher

Domestic prices for hot-rolled coil in Northern Europe continued to rise on Tuesday April 13 due to a material shortage, market sources told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil index domestic, exw Northern Europe at €905.00 ($1,077.07) per tonne on Tuesday April 13, up by €3.33 per tonne from €901.67 per tonne on April 12.
The index was up by €20.99 per tonne week on week and by €112.00 month on month.
Tuesday’s index was based on achievable prices estimated by market sources at €900-920 per tonne ex-works.

Fastmarkets calculated its corresponding daily steel hot-rolled coil index domestic, exw Italy at €892.50 per tonne on April...

Published

Maria Tanatar

April 13, 2021

15:57 GMT

London