Domestic prices for hot-rolled coil increased day on day in Northern Europe on Friday December 11 due to a materials shortage in the market combined with good demand from distributors, sources have told Fastmarkets.
Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?606.25 ($734.10) per tonne on Friday, up by ?,?1.25 per tonne day on day from ?,?605.00 per tonne on Thursday.Last week, ArcelorMittal announced that it had increased the offer price for its second-quarter-rolling HRC to ?,?650 per tonne ex-works in...