Domestic prices for hot-rolled coil in Northern Europe were fairly stable on Tuesday February 4 but were expected to rise further, sources have told Fastmarkets.
Despite bullish sentiment in the market, buyers have avoided booking big volumes, preferring to make deals only for sufficient volumes to maintain their stocks at balanced levels, according to market sources.The index was based on deals heard at ?,?480-490 per tonne ex-works. Bids...