EUROPE HRC: Domestic prices stable after previous day's jump

May 15, 2021 / www.metalbulletin.com / Article Link

Domestic prices for hot-rolled coil in Europe were largely stable on Friday May 14 after a substantial rise the previous day, but sentiment in the market remained bullish, sources told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?1,088.75 ($1,315.04) per tonne on Friday, down by just ?,?1.96 from ?,?1,090.71 per tonne on Thursday.

The index was up by ?,?46.75 per tonne week on week and up by ?,?178.75...

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