Domestic prices for hot-rolled coil (HRC) in the EU are likely to rise, supported by the fact that mills are well booked in the North and there is only reduced output from Italian steelmaker Ilva, sources told Metal Bulletin this week.
The rise will also be supported by the fact that import offers are relatively high, according to market participants.Sources of HRC imports have been limited since the European Commission (EC) settled definitive anti-dumping measures on material from China in April 2017, and on imports from Russia, Ukraine, Iran and Brazil in October of last year.Northern EuropeMetal Bulletin's weekly price assessment for domestic HRC in Northern Europe was ?,?565-580 ($698-717) per tonne ex-works...