Domestic prices for hot-rolled coil in Europe dropped again over the past seven days due to poor demand, sources told Fastmarkets on Wednesday May 13.
Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was ?,?413.50 ($447.96) per tonne on Wednesday, down by ?,?0.50 per tonne from ?,?414.00 per tonne on Tuesday. The index was down by ?,?8 per tonne week on week and down by ?,?51.50 per tonne month on month.Fastmarkets' weekly price assessment for steel HRC, domestic, exw Southern Europe, was ?,?380-395 per tonne on May 13, compared with ?,?395 per tonne ex-works...