EUROPE HRC: Northern European index stays on uptrend

January 11, 2020 / www.metalbulletin.com / Article Link

Fastmarkets' index for domestic hot-rolled coil in Northern Europe increased on Friday January 10, with sources expecting prices to continue to rise.

Fastmarkets' daily calculation of the steel hot-rolled coil index, domestic, ex-works Northern Europe, rose slightly to ?,?442.43 ($491.51) per tonne on Friday, from ?,?441.15 per tonne on January 9.
The index was based on deals and achievable prices heard in the range of ?,?440-450 per tonne ex-works.

Only a few deals have been reported at ?,?450 per tonne ex-works,...

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