ArcelorMittal imposes sudden sharp rise in HRC offers across Europe

January 12, 2020 / www.metalbulletin.com / Article Link

ArcelorMittal has increased its offer price for hot-rolled coil (HRC) in Europe with immediate effect, sources told Fastmarkets on Friday January 10.

The steelmaker was now offering HRC at ?,?500 ($555) per tonne ex-works in Northern Europe and ?,?480 per tonne ex-works in Southern and Central Europe.

This compared with Fastmarkets' daily calculation of the steel HRC index, domestic, ex-works...

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