Domestic prices for hot-rolled coil in Northern Europe have jumped, with support coming from good order books at mills, solid demand and a lack of competitive import offers, sources told Fastmarkets on Tuesday January 21.
Fastmarkets' daily steel HRC index domestic, ex-works Northern Europe, rose by ?,?13.93 per tonne day on day to ?,?463.41 ($513.95) per tonne on Tuesday, from ?,?449.48 per tonne.The index was based on deals and "workable" prices heard in the range of ?,?460-470 per tonne...