18
Mar
16:45
EU coil market ‘chaos’ shakes product price spreads
The veritable chaos seen in the European steel market over the past three weeks has shaken some customary relationships between product groups.
The latest semi-official announcement by the market leader last week still seemed to reflect familiar price premiums. With hot rolled coil offered at €1,400/tonne ($1,548) ex-works, cold rolled coil was set at €1,500, and hot-dip galvanized coil at €1,550. However, at the time of the announcement, higher off…
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Anonymous
Very good overview of the weekly steel market.
Anonymous