Domestic prices for hot-rolled coil in Northern Europe edged up on Friday December 6, but transaction prices are expected to soon rise more significantly, sources told Fastmarkets.
Fastmarkets' steel hot-rolled coil index domestic, exw Northern Europe, was ?,?432.6 ($478.11) per tonne on December 6, edging up from ?,?431.63 per tonne on Thursday.The calculation is based on "workable" prices reported by market sources at ?,?430-440 per tonne ex-works. No deals have been confirmed and the new transactions are likely to be settled within...