Europe's domestic prices for hot-rolled coil have continued to surge, propelled by strong demand amid a persistent material shortage, Fastmarkets heard on Thursday May 13.
Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?1,090.71 ($1,320.36) per tonne on May 13, up by ?,?32.58 per tonne from ?,?1,058.13 per tonne on May 12.Thursday's index was based on market sources' estimates of achievable prices at ?,?1,050-1,100 per tonne ex-works, offers at ?,?1,100 per tonne ex-works and...