Fastmarkets’ daily steel HRC index, domestic, exw Northern Europe, was calculated at €644.58 ($708.89) per tonne on Friday, unchanged from the previous day.
The Northern Europe index was down by €1.25 per tonne week on week and down by €36.25 per tonne month on month.
Summer holiday absences resulted in no new trades being reported.
Earlier this week, on Wednesday, most buyers’ estimates of a tradable price were in the region of €620-650 per tonne ex-works, but one buyer source reported a higher estimate of €650-680 per tonne.
Fastmarkets’ calculation of the daily steel HRC index, domestic, exw Italy, was €633.68 per tonne on Friday, also unchanged from the previous day.
The Italy index was down by €2.57 per tonne week on week on Thursday, and down by €27.57 per tonne month on month.
Earlier in the week, 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 Friday.
Published by: India-Inés Levy