Fastmarkets calculated the daily steel HRC index, domestic, exw Northern Europe at €644.58 ($705.43) per tonne on Monday, unchanged from Friday August 11.
The Northern Europe index was down by €1.25 per tonne week on week and down by €27.67 per tonne month on month.
Seasonal effects and weak demand resulted in a flat market, sources said.
In the week to August 11, most buyers’ estimates of a tradable price were in the region of €620-650 per tonne ex-works.
Fastmarkets’ calculation of the daily steel HRC index, domestic, exw Italy was €633.68 per tonne on Monday, also unchanged from Friday.
The Italy index was down by €2.57 per tonne week on week on Thursday, and down by €21.32 per tonne month on month.
In the week to August 11, buyers’ estimates of workable prices for HRC for delivery in September-October were reported at €630-640 per tonne ex-works.
No fresh import offers were reported on August 14.
Published by: India-Inés Levy