EUROPE HRC: Tight supply supports bullish market mood

December 08, 2020 / www.metalbulletin.com / Article Link

The price of domestic hot-rolled coil in Northern Europe inched further upward day-on-day on Monday December 7, with sentiment remaining upbeat due to a shortage of material, sources told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?576.67 ($698.90) per tonne on Monday, up by ?,?1.67 per tonne from ?,?575.00 per tonne on December 4.

The index was up by ?,?15.52 per tonne week on week and by ?,?64.14...

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