Northern European HRC Steel prices decline to €338 per ton

Published: Nov 17, 2015 14:02

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Northern Europe hot rolled cold (HRC) steel prices declined by €5 a ton week-on-week to €338 per ton in the week ended November 06, as per the latest figures released by The Steel Index.

UNITED KINGDOM November 17 2015 10:15 AM

LONDON (Scrap Register): Northern Europe hot rolled cold (HRC) steel prices declined by €5 a ton week-on-week to €338 per ton in the week ended November 06, as per the latest figures released by The Steel Index.

Market activity continues to be subdued in Europe and with mills eager for new orders, asking prices were lowered in an attempt to attract some business.

TSI’s North European HRC index slipped today to €338 a ton, with top-tier steelmakers reportedly offering at or very close to these transaction price levels.

However, South European HRC spot prices were also declining, with discounts given to large orders, and some deals concluded as low as €280/t.

Prices for Chinese-origin imports moved slightly down compared to the previous week, with offers around $305/t CIF Italy.

Northern Europe hot rolled cold (HRC) steel prices

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