EUROPE HDG: Short supply, strong demand drive prices up further

March 12, 2021 / www.metalbulletin.com / Article Link

Domestic prices for hot-dipped galvanized coil in Europe increased again over the week to Wednesday March 10, due to a material shortage combined with good demand, sources told Fastmarkets.

Fastmarkets' weekly price assessment for steel hot-dipped galvanized coil, domestic, exw Northern Europe was ?,?890-900 ($1,061-1,073) per tonne on March 10, compared with ?,?870-900 per tonne a week earlier.
The assessment reflected achievable prices and deals heard.
Market sources anticipate that deals will be done at ?,?920 per tonne ex-works soon, matching recent offer prices from mills.

Fastmarkets' weekly price assessment for steel hot-dipped galvanized coil domestic, exw Southern Europe was...

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