EUROPE HRC: Domestic price consolidates while buyers, sellers hold back from transactions

The domestic price for hot-rolled coil in Northern Europe inched down day on day on Tuesday January 19 due to slow market activity, sources told Fastmarkets.

Both buyers and steelmakers have been holding back from making new deals, according to market participants.
Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?719.00 ($868.00) per tonne on Tuesday January 19, down by ?,?2.25 per tonne day on day from ?,?721.25 per tonne on Monday.

The index was, however, up by ?,?31.00 per tonne week...

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