EUROPE HRC: Tight supply drives price higher

The domestic hot-rolled coil price in Europe increased again day on day on Friday November 20, supported by tight supplies, sources told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?541.25 ($641.14) per tonne on Friday, up by ?,?3.37 per tonne from ?,?537.88 per tonne on Thursday. 
The index was also up by ?,?16.15 per tonne week on week and by ?,?44.75 per tonne month on month.

Friday's index was based on the latest...

Gold and silver price ETFs see major net outflows

Gold stocks decline by less than metal price

A shift to the later stages of gold and silver bull markets

Gold stocks plunge on metal drop

Gold stocks still up after pullback late in the week