Domestic prices for hot-rolled coil continued to rise across Europe on Wednesday April 14 because demand exceeded supply, sources told Fastmarkets.
The number of deals was limited, however, because producers preferred to trade smaller volumes and returned to the market only with short-validity offers. Such tactics, combined with low stocks and good demand from end-consumers, supported an uptrend in the spot market.Fastmarkets calculated its corresponding daily steel hot-rolled coil index, domestic, exw Italy, at ?,?900 per tonne on April 14, up by ?,?7.50 per tonne from ?,?892.50 per tonne on April 13. It was also up by...