Material shortages and strong demand continued to support the increase in domestic prices for hot-rolled coil in northern Europe on Monday May 24, sources told Fastmarkets.
Fastmarkets calculated its daily steel hot-rolled coil index, domestic, ex-works northern Europe at ?,?1,131.25 ($1,377.90) per tonne on Monday, up by ?,?14.58 per tonne from ?,?1,116.67 per tonne on Friday.Monday's index was based on estimates of achievable prices from market participants at ?,?1,100-1,130 per tonne...