EUROPE HRC WRAP: Official offers rise, driving deal prices upward

August 25, 2020 / www.metalbulletin.com / Article Link

Domestic prices for steel hot-rolled coil across Europe increased further over the week to Friday August 21, supported by significant offer increase announced by some European mills.

Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?433.75 ($513.83) per tonne on Friday, up by ?,?14.58 per tonne week on week and up by ?,?26.08 per tonne month on month.
Friday's index was based on deals and achievable prices heard at ?,?430-440 per tonne ex-works.

One big steelmaker increased its offers to ?,?500 per tonne ex-works...

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