EUROPE HRC: Sentiment negative on coronavirus uncertainty

March 14, 2020 / www.metalbulletin.com / Article Link

The hot-rolled coil market in Northern European weakened slightly on Friday March 13 on negative sentiment due to uncertainty relating to the novel coronavirus (2019-nCoV) outbreak, sources told Fastmarkets.

Fastmarkets' daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was ?,?481.18 ($540.29) per tonne on Friday March 13, down by ?,?1.32 per tonne from ?,?482.50 per tonne on March 12.
The index was calculated based on deals and workable prices heard at ?,?470-490 per tonne ex-works.
Northern European mills have not all been following the same pricing policy, according to market sources.

Some mills with good order books - and claiming to be offering June shipment coil - are offering material at...

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok