NEWSBREAK: ArcelorMittal Europe increases coil offers for sixth week in a row

ArcelorMittal has increased its official offer prices for all coil products across Europe by ?,?50 ($61) per tonne, sources told Fastmarkets on Wednesday May 12.

This will be the sixth consecutive week that ArcelorMittal Europe has increased its coil offer prices.
Its new offers for HRC have now reached ?,?1,100 per tonne ex-works, while prices for downstream flat steel products - cold-rolled and hot dipped galvanized coil - have increased to ?,?1,250 per tonne ex-works.

Fastmarkets calculated its daily steel hot-rolled coil...

Monetary-driven precious metals outperform major base metals

Gold stocks hit by plunging equities markets

Gold stocks down as metal and equities momentum fades

Another Kazatomprom guidance announcement shakes uranium price

Major monetary drivers still supporting gold