EUROPE HRC: Domestic prices continue to recover on material shortage

Domestic prices for hot-rolled coil in Northern Europe increased further day on day on Tuesday November 17, due to low availability of domestic material and a lack of import offers, sources told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?529.58 ($627.27) per tonne on Tuesday, up by ?,?0.83 per tonne from ?,?528.75 per tonne on Monday.
The index was also up by ?,?7.91 per tonne week on week and by ?,?33.75 per tonne month on month.

Tuesday's index was based on deals heard at...

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