Domestic prices for hot-rolled coil jumped week on week across Europe on Wednesday September 16, driven by reduced output from domestic steelmakers and limited availability of imported coil, sources have told Fastmarkets.
Fastmarkets calculated the daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?482.62 ($572.80) per tonne on Wednesday, up by ?,?5.64 per tonne day on day from ?,?476.98 per tonne on Tuesday.Some of the region's steelmakers have been offering HRC at prices as high as ?,?520-530 per tonne. These offers were not included in the index, however, because no deals have been confirmed at that price....