The mood in the Northern European hot-rolled coil market remained positive on Monday October 19, supported by good order books at domestic mills, a lack of competitive imports and solid end-user demand, sources told Fastmarkets.
Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?496.67 ($581.72) per tonne on Monday October 19, up by just ?,?0.84 per tonne from ?,?495.83 per tonne on Friday October 16.The index was up by ?,?3.34 per tonne week on week and by ?,?9.75 per tonne month on month.
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