The world's largest steelmaker ArcelorMittal has announced higher prices for its coil products in Northern Europe, market sources told Metal Bulletin on Thursday July 12.
The target for hot-rolled coil is ?,?580 ($679) per tonne ex-works in Northern Europe.Metal Bulletin's weekly price assessment for domestic HRC in Northern Europe was ?,?555-565 per tonne ex-works on July 11, reflecting "workable" prices, while official offers in the region reached ?,?570 per tonne ex-works earlier this week.The ArcelorMittal price rises comes into effect immediately, sources said, and applies to new deals for September-October rolling products. ArcelorMittal has also increased its...