European HRC market flat but ArcelorMittal eyes rises

Steel hot-rolled coil prices across Europe remained largely flat on Thursday January 27, but ArcelorMittal announced a €50 ($56.40) per tonne price increase, sources told Fastmarkets.

ArcelorMittal, Europe’s flagship producer, announced a €50 per tonne price increase for spot HRC across Europe, several market participants said.

Although the increase amount was clear, market sources reported...

Published

Julia Bolotova

January 27, 2022

16:22 GMT

Dnipro