EUROPE HRC: Import offers slide further, adding pressure on domestic prices

April 08, 2020 / www.metalbulletin.com / Article Link

Import offer prices for hot-rolled coil in Europe have been moving downward, adding negative sentiment to the market, sources told Fastmarkets on Tuesday April 7.

Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was ?,?468.75 ($506.37) per tonne on Tuesday, down by ?,?4.25 per tonne day on day from ?,?473.00 per tonne on April 6.

Tuesday's index was calculated based on offers and "achievable" prices heard at ?,?460-470 per tonne...

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