The Northern European domestic hot-rolled coil price was fairly stable day on day on Thursday July 16, while steelmakers continue to insist on price rises, sources told Fastmarkets.
While sentiment in the market remains bullish, further price recovery is likely to be slowed by the seasonal weakening of trading activity during summer, sources said.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe was calculated at ?,?405.33 ($462.33) per tonne on Thursday July 16, down by just ?,?0.10 per tonne from ?,?405.43 per tonne on...