EUROPE HRC: Domestic prices continue slow recovery, more rises expected

Domestic prices for hot-rolled coil in Northern Europe inched up day on day on Thursday August 13 and prices will continue to recover, sources told Fastmarkets.

Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe was calculated at ?,?417.84 ($491.51) per tonne on Thursday August 13, up by ?,?0.12 per tonne from ?,?417.27 per tonne on Wednesday.
The index was also up by ?,?2.84 per tonne week on week and ?,?14.71 per tonne month on month.

Thursday's index was based on the latest deals heard at ?,?415-430 per tonne ex-works and 'workable' prices reported at ?,?415-420...

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