Activity in the European hot-rolled coil market has been limited because buyers are refraining from making new deals to assess price trends and mills are holding back from trading on good order books, sources told Fastmarkets on Tuesday July 6.
Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?1,146.25 ($1,359.80) per tonne on Tuesday July 6, down by ?,?5.31 per tonne from ?,?1,151.56 per tonne on July 5.Tuesday's index was based on achievable prices estimated at ?,?1,120-1,150 per tonne ex-works, bids reported...