EUROPE HDG: Domestic prices increase further on tight supply, ArcelorMittal moved offers up again

May 14, 2021 / www.metalbulletin.com / Article Link

Domestic prices for hot-dipped galvanized steel coil in Europe increased again over the week to Wednesday May 12 on support from the combination of strong demand and a material shortage, sources told Fastmarkets.

ArcelorMittal increased its official coil offers by ?,?50 ($61) per tonne on May 12 so as a result, new offers for HDG have reached ?,?1,250 per tonne ex-works on May 13, market sources said.
Prior to ArcelorMittal's announcement, transaction prices had been reported close to the company's previous offer level of ?,?1,200 per tonne ex-works across Europe, Fastmarkets heard.

The number of deals and volumes available in the market, however,...

Recent News

Market sees gold sector nearing full value overall after target upgrades

August 18, 2025 / www.canadianminingreport.com

Gold stocks gain even as metal pulls back

August 18, 2025 / www.canadianminingreport.com

Gold stocks rocket to new highs, valuations no longer inexpensive

August 11, 2025 / www.canadianminingreport.com

Tariff issue caused by potential definition change of traded gold bars

August 11, 2025 / www.canadianminingreport.com

US BLS head removed after revisions to employment data

August 04, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok