Domestic prices for steel hot-rolled coil increased again across Europe in the week to Friday November 20, due to tight supply from both domestic and overseas suppliers.
Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?541.25 ($641.66) per tonne on Friday, up by ?,?16.15 per tonne week on week and by ?,?44.75 per tonne month on month.Steelmaker ArcelorMittal has increased its offers for HRC in Northern Europe to ?,?600 per tonne ex-works and to ?,?700 per tonne ex-works for hot-dipped galvanized coil, to take advantage...