Home / Metal News / Northern Europe HRC Steel prices slightly up to €424 per ton

Northern Europe HRC Steel prices slightly up to €424 per ton

iconJun 20, 2014 09:05
Northern Europe hot rolled cold (HRC) steel prices slightly up by €1 per ton week-on-week to €424 per ton in the weeek ended June13th this year, as per the latest figures released by The Steel Index.

NITED KINGDOM June 19 2014 3:49 PM

LONDON (Scrap Register): Northern Europe hot rolled cold (HRC) steel prices slightly up by €1 per ton week-on-week to €424 per ton in the weeek ended June13th this year, as per the latest figures released by The Steel Index.

According to TSI, North European HRC was seen transacting prevailingly in the €420- 425 a ton range last week amid tepid demand and plentiful offers. 
 
With persistently weak raw material prices, buyers are pondering if downtrend will continue, as trades are starting to emerge below the €420/t mark. Deals in the South European market continued to be done mostly within the €410-420 a ton range.
 
The Steel Index
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news