16
Mar
11:51
EU HRC offers rise yet again amid uncertainty
European hot rolled coil suppliers continue their stop-start attitude towards offers, with prices escalating amid uncertainty created by the war in Ukraine. Earlier this week, many mills were reported to have again withdrawn offers, while on Wednesday new higher quotes were confirmed in the market, Kallanish notes.
Last week, ArcelorMittal increased its HRC quote to €1,300/tonne ($1,430) base ex-works. This week, after a pause in offering lasting a few d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous