EUROPE HRC: Buyers expect domestic prices to move down

April 24, 2020 / www.metalbulletin.com / Article Link

European buyers of hot-rolled coil expected that domestic prices would slide due to the current poor demand, sources told Fastmarkets in Thursday April 23.

Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was ?,?447.00 ($484.68) per tonne on Thursday, up by only ?,?2 per tonne day on day from ?,?445.00 per tonne on April 22.

Official offers have been heard at ?,?455-465 per tonne ex-works, and bids...

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