ArcelorMittal Europe has increased the price of hot-rolled coil (HRC) in long-term contracts with steel distributors and service centers in the north of the EU, sources told Fastmarkets on Wednesday October 21.
The new offer price was ?,?550 ($649) per tonne ex-works, up by roughly ?,?80 per tonne compared with previous contracts, according to market participants' estimates.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe,...