[Ferro-Alloys.com] Import offer prices for hot-rolled coil in Europe have been moving downward, adding negative sentiment to the market, sources told Fastmarkets on Tuesday April 7.
Fastmarkets’ daily steel hot-rolled coil index, domestic, exw Northern Europe, was €468.75 ($506.37) per tonne on Tuesday, down by €4.25 per tonne day on day from €473.00 per tonne on April 6. Tuesday’s index was calculated based on offers and “achievable” prices heard at €460-470 per tonne. (Metalbulletin)
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