Northern European mills have either been holding back from making new offers or had limited volumes of rolling coil for the end of 2021/first quarter of 2022. Since buyers have reportedly contracted for sufficient tonnages of HRC until the end of the year, they have been in no hurry to book more at high prices.
Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe
unchanged at €1,143.33 ($1,357.43) per tonne on Friday.
The index was down by...