EUROPE HRC: Good demand, short supply buoy producers' bullish mood

March 09, 2021 / www.metalbulletin.com / Article Link

Domestic prices for hot-rolled coil (HRC) in Northern Europe increased day on day on Monday March 8, following some domestic steel makers announcing price rises, sources told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?753.75 ($897.81) per tonne on Monday March 8, up by ?,?3.75 per tonne from ?,?750 per tonne on Friday March 5. The index was also up by ?,?13.75 per tonne week on week and by ?,?43.75 per tonne month on month.
At the end of last week, ArcelorMittal increased official offers for HRC to ?,?800 per tonne ex-works, up by ?,?50 per tonne from recent offers. Downstream coil product offer prices, meanwhile, moved up by ?,?20 per tonne following a similar rise a week earlier.

Italian mills...

Recent News

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com

Gold majors take the lead

June 16, 2025 / www.canadianminingreport.com

Gold juniors continue to outperform

June 09, 2025 / www.canadianminingreport.com

Thor Explorations continues to lead TSXV global gold producers

June 02, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok