Mills’ coil price hikes continue in northern Europe
Published: 20 May 2021
Steelmakers are continuing to raise coil prices in northwest Europe, Kallanish learns from sources in the market.
ArcelorMittal, the largest supplier in Europe, has again increased its hot rolled coil offer this week to €1,150/t ($1,401) ex-works base. Hot-dip galvanized coil levels have now been raised to €1,300/t ex-works base.
In recent weeks increases have been communicated to the market on a weekly basis. Availability of coil remains tight in the market and a peak is yet to be reached, Kallanish notes.
Emanuele Norsa Italy , Natalia Capra France
Posted in Latest Updates
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Latest News
- Stahl-Holding-Saar sees ‘toughest time’ ahead for its German steel mills
- Sarralle supplies metal recovery plant to Acerinox
- Higher prices support Stalprodukt electrical steel earnings
- Spain’s car production remains strong in April
- German fabricators demand power price cap, orders down
- Southeast Europe steel output rebounds in April
- EU seen needing increased energy spend despite reluctance
- French rebar activity weakens in May
