EUROPE HRC: Domestic prices inch down further on slow demand

Domestic prices for hot-rolled coil in Northern Europe were down slightly on Friday January 22, due to slow trading activity, sources told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?711.25 ($863.64) per tonne on Friday January 22, down by ?,?1.75 per tonne from ?,?713.00 per tonne on Thursday January 21.
The index was down ?,?4.75 per tonne week on week, but up by ?,?46.25 per tonne month on month.

The calculation...

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