Standstill in European HRC market continues

The standstill in the European hot-rolled coil market continued on Wednesday March 22, but market participants expect limited availability to drive prices higher in the second quarter.

Fastmarkets calculated its daily steel HRC index, domestic, exw Northern Europe at €846.63 ($909.69) per tonne on Wednesday, up by €1.00 per tonne from €845.63 per tonne on Tuesday. 
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Published

Julia Bolotova

March 22, 2023

16:05 GMT

Brussels