12
May
17:01
Coil offers rise again in Europe
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Coil offers are moving up yet again this week from market leader ArcelorMittal, continuing the weekly rising trend seen over recent months, Kallanish notes.
Offers for hot rolled coil are now pegged for northern Europe at €1,100/tonne ($1,328) ex-works, while cold rolled and hot-dip galvanized coil offers are also being pushed up by a further €50/t to €1,250/t ex-works base.
The move was widely anticipated in the market. Following the new hike, HRC…
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Emanuele Norsa
Italy
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Anonymous
Very good overview of the weekly steel market.
Anonymous