EUROPE HRC: Domestic prices inch up again on low material

Domestic prices for steel hot-rolled coil (HRC) in Northern Europe inched further up day on day on Thursday March 4 due to a coil shortage and strong demand, sources told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?750.00 ($905.59) per tonne on Thursday March 4, up by ?,?1.25 per tonne from ?,?748.75 per tonne on March 3, based on achievable prices heard at ?,?740-760 per tonne ex-works.
The index was also up by ?,?15.00 per tonne week on week and by ?,?40.00 per tonne month on month.

In Southern Europe, Italian mills have been making deals...

Base metals outlook for 2026 opaque after decent rise last year

Gold and silver stocks far outpace the major markets

Bank of Japan boosts rates, continuing an unwinding carry trade

Gold stocks outperform equity market slide

Silver inventories rebound in UK, output from major producers rises