EUROPE HRC: Long lead times make buyers refrain from new deals

October 03, 2020 / www.metalbulletin.com / Article Link

Domestic prices for hot-rolled coil in Europe were fairly stable day on day on Friday October 2, while buyers have stepped out of the market due to long lead times for material, sources told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?491.03 ($576.55) per tonne on Friday October 2, up by ?,?0.26 per tonne from ?,?490.77 per tonne on October 1.

The index was up by ?,?3.01 per tonne week on week and ?,?34.68...

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