EUROPE HRC: Domestic prices inch further upward on short supply

Domestic prices for hot-rolled coil increased substantially day on day in Northern Europe on Thursday December 10 due to a materials shortage in the market combined with good demand from distributors, sources have told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?605.00 ($732.28) per tonne on Thursday, up by ?,?1.67 per tonne from ?,?603.33 per tonne on December 9.
The index was up by ?,?35.00 per tonne week on week and by ?,?83.33 per tonne month on month.

Thursday's index was based on "workable" prices heard at ?,?590-610 per tonne ex-works and offers heard at...

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