Domestic prices for hot-rolled coil in Northern Europe jumped day on day on Monday January 11 following an offer rise announcement from ArcelorMittal last Friday, sources told Fastmarkets.
Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?688.00 ($840.40) per tonne on Monday January 11, up by ?,?20.50 per tonne from ?,?667.50 per tonne on Friday. The index was also up by ?,?21.33 per tonne week on week and by ?,?81.75 per tonne month on month.At the end of last week, ArcelorMittal pushed offers for domestic HRC up by ?,?30 per tonne...