EUROPE HDG: Domestic prices pick up in north on good demand

Domestic prices for hot-dipped galvanized coil (HDG) have narrowed upward in Northern Europe over the past week, supported by strong demand and an absence of imported alternative material, sources told Fastmarkets on Wednesday February 26.

Fastmarkets' weekly price assessment for steel HDG, domestic, exw Northern Europe, was ?,?580-600 ($630-652) per tonne ex-works on February 26, compared with ?,?570-600 per tonne ex-works a week earlier.
The assessment was based on the deals heard in the market. But more deals have been done at prices closer to ?,?600 per tonne ex-works, sources said.

The price recovery was supported by a combination of good demand, the lack of...

Mixed outlook for gold as it remains range bound for past three months

Gold stocks down on flat metal price

Gold stocks down on metal decline

Huge quantifiable rise in geopolitical, economic and trade risks

Platinum clearly ahead of palladium for first time in seven years