EUROPE HRC: Prices inch up; further price rises expected

March 30, 2021 / www.metalbulletin.com / Article Link

Domestic prices for hot-rolled coil in Europe inched up day on day on Monday March 29, and further price rises are anticipated, sources told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil (HRC) index, domestic, exw Northern Europe at ?,?836.67 ($986.63) per tonne on Monday, up by ?,?1.67 per tonne from ?,?835.00 per tonne on Friday March 26.
The index was up by ?,?38.67 per tonne week on week and by ?,?98.67 per tonne month on month.

The calculation of Monday's index was based on achievable prices estimated by market sources at ?,?820-850 per...

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