[Steel Price] Southern European HRC Steel prices edge up to €372 per ton

UNITED KINGDOM July 27 2015 2:39 PM

LONDON (Scrap Register): The Southern European hot rolled cold (HRC) steel prices edged up by €1 per ton week-on-week to €372 per ton ex-works in the week ended July 10, as per the latest figures from the Steel Index.

In Southern Europe, selling prices remained largely in the €370-375 a ton range amid slower market activity.

According to TSI, North European steel producers continued to book orders for September delivery, but at a slightly lower price level than a week ago.

The price range for concluded HR coil deals has widened since and while some transactions were still done near the €400 a ton mark, the lower end of the range slipped to below €380 a ton.

Material from some Eastern European mills was heard offered around €385 a ton delivered.