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HRC steel prices in Northern European advance further € 423 per tonne
Update:2016-06-22 View(s):1735 Keywords :
Northern Europe hot rolled cold (HRC) steel prices advanced further by €4 a ton week-on-week to €423 per ton in the week ended May 27, as per the latest figures released by The Steel Index.
The European steel market remained mostly stable this week, despite falling prices in Asia. North European mills’ offers were reported to be between €440-450 a ton, but some large-volume deals were concluded well below that range and TSI’s North European HRC index ticked up to finish the week at €423 a ton.
A similar €420-430 a ton transaction price range was observed in Southern Europe. HRC import offers from Russia and Ukraine were heard to be going down this week, close to the €430 a ton CFR Italy mark.
Some market participants were speculating that we might soon be seeing a new HRC trade protection investigation, involving the largest exporters into Europe, although there is no official confirmation of this yet.
Threeway Steel is known as a professional supplier engaged in manufacturing and distributing a wide range of steel pipe, and our headquarter located the central part of China – Hunan and six associated factories throughout China.
Threeway Steel is known as a professional supplier engaged in designing, manufacturing and distribution of a wide range of steel products with the headquarter located the central part of China – Hunan and six associated factories throughout China.
Threeway Steel is known as a professional supplier engaged in designing, manufacturing and distribution of a wide range of steel products with the headquarter located the central part of China – Hunan and six associated factories throughout China.
Threeway Steel is known as a professional supplier engaged in designing, manufacturing and distribution of a wide range of steel products with the headquarter located the central part of China – Hunan and six associated factories throughout China.
Threeway Steel is known as a professional supplier engaged in designing, manufacturing and distribution of a wide range of steel products with the headquarter located the central part of China – Hunan and six associated factories throughout China.
