Domestic prices for hot-rolled coil in Northern Europe have gone up to more than ?,?1,000 ($1,212) per tonne ex-works because of the continuing material shortage and strong demand, sources told Fastmarkets.
Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?1,007.14 ($1,221.03) per tonne on Friday April 30, up by ?,?18.81 per tonne from ?,?988.33 per tonne on Thursday.Friday's index was based on achievable prices estimated by market sources at ?,?1,000-1,010 per tonne ex-works and offers reported at ?,?1,005-1,020...