EUROPE HRC: Daily price index inch up, further rises expected

Domestic prices for hot-rolled coil in Northern Europe edged higher on Tuesday December 10, market sources told Fastmarkets.

Fastmarkets' steel hot-rolled coil index domestic, ex-works Northern Europe, was ?,?433.08 ($479.14) per tonne on December 10, compared with ?,?432.75 per tonne on Monday.
The index is based on deals for the material heard at ?,?430-435 per tonne ex-works, and workable prices that have been reported at a similar level.
The lower end of official offers of ?,?440 per tonne ex-works were also included in the assessment.

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