EUROPE HRC: Prices stagnate in quiet market

August 24, 2021 / www.metalbulletin.com / Article Link

The domestic hot-rolled coil market in Europe remained quiet on Monday August 23, with buyers and mills split over the price trend for September, sources told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?1,143.33 ($1,337.42) per tonne on August 23, up by ?,?0.83 per tonne from ?,?1,142.50 per tonne on Friday August 20.
The index was up by ?,?3.33 per tonne week on week but down by ?,?15.42 per tonne month on month.

Monday's index was based on achievable estimates by market participants at ?,?1,130-1,160 per tonne...

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