Trading activity in the European market for hot-rolled coil was slow during the week to Monday January 25, with buyers avoiding making new deals due to an expected price fall, sources told Fastmarkets.
Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?710.00 ($864.08) per tonne on Monday January 25, down by ?,?1.25 per tonne from ?,?711.25 per tonne on Friday January 22.The index was down by ?,?11.25 per tonne week on week, but up by ?,?45.00 per tonne month on month....