07
Jun
09:36
EU coil mills seek hike in long-term contracts
For long-term contracts for the upcoming second half of 2023, European coil producers are heard seeking big premiums, in comparison to both half a year ago and to current spot prices.
Several buyers tell Kallanish that mills are striving for €100/tonne ($107) on top of the contracts signed around the turn of the year. From December on, spot prices had been gaining momentum, reaching around €700/t for hot rolled coil at the end of last year. The higher le…
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Anonymous
Very good overview of the weekly steel market.
Anonymous