13
Aug
11:55
EU coil mills try for fourth-quarter increase
The major integrated coil mills in northwestern Europe are attempting higher prices for deliveries as of October, market participants tell Kallanish.
Some mills are now targeting offers of €660/tonne ($721) ex-works for hot rolled coil. The price point appears fair, as it means a customarily cautious €30 hike over the €630/t that mills have been able to achieve at best in summer so far.
The new offer price would be valid immediately, as orders now …
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Anonymous
Very good overview of the weekly steel market.
Anonymous