EUROPE HRC: Sentiment remains positive despite slow market

August 08, 2020 / www.metalbulletin.com / Article Link

Sentiment in the Northern European hot-rolled coil market has remained bullish despite low trading activity, sources told Fastmarkets on Friday August 7.

Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?413.46 ($490.59) per tonne on Friday, down by ?,?1.54 per tonne day on day from ?,?415.00 per tonne on Thursday.

Friday's index was based on "workable" prices heard at ?,?410-420...

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