The mood in the market is bullish, and buyers are expected to accept even higher prices soon.
Fastmarkets calculated its daily steel hot-rolled coil index domestic, exw Northern Europe
at €941.67 ($1,128.10) per tonne on Monday April 19, up by €15.42 per tonne from €926.25 per tonne on Friday April 16.
The index was up by €40 per tonne week on week and by €142.29 per tonne month on month.
Monday’s index was based on market estimates of €940-950...