Northern Europe hot rolled cold (HRC) steel prices
slipped further by €1 per ton week-on-week to €400 per ton in the week ended
March 20, as per the latest figures released by The Steel Index.
The North European HR coil market remains pretty
uneventful with neither buyers nor sellers really able to exert pressure on
Steel producers’ asking prices in Northern Europe
remain ambitious, in the €415-420 a ton (ex-works) range, but the reality is
very different with spot trades closer to the €400 a ton mark.
Source- Metal prices.com