Hot-rolled coil prices in Europe were stable to slightly higher on Thursday November 4 despite muted buying, while market sentiment remained optimistic, sources told Fastmarkets.
Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?1,022.50 ($1,184.83) per tonne on November 4, up by ?,?8.21 per tonne from ?,?1,014.29 per tonne on November 3.Northern European mills were not very active in the spot market because they were largely focused on the settlement of their long-term contracts with end users for next year. Several offers were heard at ?,?1,050-1,070 per tonne ex-works...