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28 Jan
08:36

ArcelorMittal increases HRC offers in Europe

Last week ArcelorMittal started communicating to its clients the decision to lift HRC prices across Europe by some €30/t. The move comes after a similar increase was announced for CRC and HDG products by the steelmaker in early January. Following the increase, offer levels for Northern Europe from the mill are now reported to be at some €970/t ex-works base. The increase is expected to bring to a halt the negative trend in transaction prices in the nor…
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