Home / Metal News / Northern Europe HRC Steel prices slightly up to €436 per ton

Northern Europe HRC Steel prices slightly up to €436 per ton

iconApr 11, 2014 08:52
Source:SMM
Northern Europe hot rolled cold (HRC) steel prices slightly up by 0.2% or €1 a ton week-on-week to €436 per ton in the week ended April 4th this year.

UNITED KINGDOM April 10 2014 4:22 PM

LONDON (Scrap Register): Northern Europe hot rolled cold (HRC) steel prices slightly up by 0.2% or €1 a ton week-on-week to €436 per ton in the week ended April 4th this year, as per the latest figures released by The Steel Index.

After the recent price decreases, European HR coil markets stabilized at new, albeit lower levels.

North European producers tried to resist any further downward pressure and held their offer prices between €430- 440 a ton.

South European buyers took advantage of what they believed to be a bottoming market and placed their previously delayed orders.

HRC in Italy was actively trading near the €410 a ton mark, with a number of transactions recorded below this level.

The Steel Index

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All