ArcelorMittal increases offers for HRC in Europe, sources say

August 22, 2019 / www.metalbulletin.com / Article Link

ArcelorMittal has increased its offer price for October-delivery hot-rolled coil across Europe, effective immediately, market sources told Fastmarkets on Wednesday August 21.

ArcelorMittal's new offer for hot-rolled coil is ?,?510 per tonne ex-works in the Ruhr area of Germany. The steelmaker decided to increase offers due to an expected recovery of market activity.Fastmarkets' weekly price assessment for steel HRC, domestic, exw Northern Europe,...

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