EUROPE HRC: Buyers face shortage, delayed deliveries

Domestic prices for hot-rolled coil in Northern Europe have been supported by a material shortage in the market, sources told Fastmarkets on Tuesday March 16.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?792.50 ($943.31) per tonne on March 16, up by just ?,?1.25 per tonne from ?,?791.25 per tonne on Monday March 15.
The index was also up by ?,?36.25 per tonne week on week and by ?,?65 per tonne month on month.

The calculation of Tuesday's index was...

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