ArcelorMittal Europe seeks €20 per tonne price rise for May-delivery steel coil

ArcelorMittal has raised the offer prices on its steel coil products across Europe by €20 ($21) per tonne, with other steelmakers now expected to follow with increases of their own, several trading sources told Fastmarkets on Monday February 13.

As of Monday, ArcelorMittal’s offer prices on hot-rolled coil with lead times in May were heard at €820 ($875) per tonne delivered, sources said.

This was up from the...

Published

Julia Bolotova

February 13, 2023

12:50 GMT

Brussels