EUROPE HRC: Domestic prices rise again, with even higher offers expected soon

The domestic price for hot-rolled coil rose day on day in Northern Europe on Friday January 15, with mills likely to push for even higher prices, sources told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?716.00 ($869.92) per tonne on Friday January 15, up by ?,?10.88 per tonne from ?,?705.12 on Thursday.
The index was also up by ?,?48.50 per tonne week on week and by ?,?79.75 per tonne month on month.

The calculation of today's index was based on achievable prices...

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