EUROPE HRC WRAP: Domestic prices continue to rise; ArcelorMittal increases offer again

Domestic prices for steel hot-rolled coil increased further across Europe over the week to Friday April 16 due to a combination of strong demand and short availability.

In addition, at the end of last week, ArcelorMittal increased its official HRC offers to €970 ($1,162) per tonne ex-works, up by €50 per tonne from its previous offers.
Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at €926.25 per tonne on Friday April 16, up by €29.58 per tonne week on week and by €133.75 per tonne month on month.

Friday’s index was based...

Published

Maria Tanatar

April 19, 2021

16:33 GMT

London