Reduced domestic output and limited import offers are keeping sentiment upbeat in the European hot-rolled coil market, sources told Fastmarkets on Tuesday September 22.
Fastmarkets calculated the daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?485.35 ($572.59) per tonne on Tuesday September 22, up by just ?,?0.40 per tonne from ?,?484.95 per tonne on Monday.Tuesday's index was based deals heard at ?,?480-500 per tonne ex-works, with the majority of transactions reported at ?,?480-490 per tonne ex-works. One source...