EUROPE HRC: Domestic prices stable as buyers watch market

October 13, 2020 / www.metalbulletin.com / Article Link

European buyers of hot-rolled coil continue to hold back from making deals, preferring to watch the market until a global trend emerges, sources told Fastmarkets on Monday October 12.

Fastmarkets calculated its daily steel HRC index, domestic, exw Northern Europe at ?,?493.33 ($583.23) per tonne on Monday October 12, down by just ?,?0.17 per tonne from ?,?493.50 per tonne on October 9.
The index was unchanged week on week, but up by ?,?17.32 per tonne month on month.

Monday's index was based...

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