EUROPE HRC: Domestic prices fall in the north
Domestic prices for hot-rolled coil in Northern Europe went down day on day on Friday May 29 due to poor demand.
Fastmarkets’ daily steel hot-rolled coil index, domestic, exw Northern Europe, was €400.71 ($442.31) per tonne on Friday, down by €6.17 per tonne day on day from €406.88 per tonne ex-works on Thursday.
Friday’s index was calculated based on deals and “workable” prices heard at €390-405 per tonne ex-works as well as offers heard at €400-410 per tonne ex-works.
The index was down by €6.79 per tonne week on week and...
source: Metal bulletin
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