Domestic prices for hot-rolled coil in Northern Europe were unchanged day on day on Thursday October 22, but steelmakers were expected to announce a price increase, market sources told Fastmarkets.
Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?497.50 ($589.78) per tonne on Thursday, flat from the day before.Thursday's index was based on deals heard at ?,?485-520 per tonne ex-works, but most market sources claimed that the average price in deals for the commodity material was ?,?490-500 per tonne ex-works....