EUROPE HRC: Mood upbeat on lack of competitive imports, good order books at mills

January 31, 2020 / www.metalbulletin.com / Article Link

Domestic prices for hot-rolled coil have been fairly stable in the north of Europe, but the mood is positive, supported by good order books at the steel mills and a lack of competitive import offers, sources told Fastmarkets on Thursday January 30.

Fastmarkets' daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was ?,?467.57 ($514.66) per tonne on Thursday January 30, up by ?,?0.49 per tonne from ?,?467.08 per tonne on January 29.
The index was based on deals heard at ?,?465-475 per tonne ex-works and "workable" prices in the same range.

Market sources expect new deals to be made at...

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