Domestic European prices for hot-dipped galvanized coil increased over the week to Wednesday December 9, due to low availability, good demand and higher feedstock prices, sources told Fastmarkets during the week.
Fastmarkets' weekly price assessment for steel HDG, domestic, exw Northern Europe, was ?,?680-730 ($823-884) per tonne on December 9, widening upward from ?,?680-700 per tonne a week earlier.Last week, ArcelorMittal announced that it had increased the offer price for its second-quarter-rolling HDG to ?,?750 per tonne ex-works in both Northern and Southern Europe. Market sources believed that this price could be...