EUROPE HRC: Domestic prices inch up on long lead times, lack of imports

February 28, 2020 / www.metalbulletin.com / Article Link

Domestic prices for hot-rolled coil in Northern Europe inched up day on day on Thursday February 27, supported by long delivery times for domestic material and a lack of import offers, sources told Fastmarkets.

Fastmarkets' daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was ?,?484.38 ($526.85) per tonne on February 27, up by ?,?0.67 per tonne day on day from ?,?483.71 per tonne on February 26.

The index was calculated based on achievable prices heard in the range ?,?475-490 per tonne ex-works as well as bids heard...

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