Domestic prices of hot-rolled coil in Europe were fairly stable on Friday November 5, reflecting limited market activity, sources told Fastmarkets.
Despite the lack of trading, sentiment remains positive in anticipation of restocking by distributors, upward pressure on prices from high energy and transport costs and because of the agreement reached between the United States and the EU on Section 232 tariffs.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?1,024 ($1,184.28) per tonne on November 5, up by...