EUROPE HRC: Domestic prices steady after increase, further rises expected

August 26, 2020 / www.metalbulletin.com / Article Link

The domestic price of hot-rolled coil in Northern Europe was fairly stable day-on-day on Tuesday August 25, after a significant increase the previous day, sources have told Fastmarkets.

But the region's steelmakers are targeting price further price rises.
Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?442.83 ($522.80) per tonne on Tuesday August 25, down by just ?,?0.92 per tonne from ?,?443.75 per tonne on Monday.

But the index was up by ?,?18.33 per tonne week on week and up by ?,?34.62 per...

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