EUROPE HRC: Domestic prices inch up further on material shortage, high demand

Domestic prices for hot-rolled coil in Europe inched up further on Tuesday May 4, with steelmakers remaining in full control of pricing, sources have told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at €1,011.00 ($1,217.84) per tonne on Tuesday, up by just €3.86 per tonne from €1,007.14 per tonne on April 30.
The index was also up by €37.67 per tonne week on week and up by €167.67 per tonne month on month.

Tuesday’s index was...

Published

Maria Tanatar

May 04, 2021

15:37 GMT

London