EUROPE HDG: Shortage drives domestic prices up, mills raise offers further

November 20, 2020 / www.metalbulletin.com / Article Link

Domestic European prices for hot-dipped galvanized coil increased over the week to Wednesday November 18, due to a combination of low availability, solid demand and a lack of imports, sources told Fastmarkets this week.

Fastmarkets' weekly price assessment for steel HDG, domestic, exw Northern Europe, was ?,?630-645 ($748-765) per tonne ex-works on Wednesday, up by ?,?15-20 per tonne from ?,?610-630 per tonne ex-works a week earlier.

The assessment was based on deals and "workable" prices heard in the...

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