Sentiment in the European hot-rolled coil market was upbeat on Friday March 5, supported by a shortage of material in the market and solid demand, sources told Fastmarkets.
ArcelorMittal raised official offers for HRC to ?,?800 ($962) per tonne ex-works on Friday, up by ?,?50 per tonne, following the recovery of domestic prices earlier this week. Downstream coil product offer prices, meanwhile, moved up by ?,?20 per tonne, following a similar increase a week earlier.The index is up by ?,?12 per tonne week...