07
Dec
16:14
ArcelorMittal Europe lifts coil prices yet again
ArcelorMittal has announced another steep price hike for coil in quick succession. After lifting the yardstick for hot rolled coil twice in November, to €550 and then to €600/t, the group is now targeting €650/tonne ($789) ex-works for deliveries across Europe in the second quarter of 2021.
A senior manager confirmed to Kallanish on Monday what was heard last week as a rumour in the market. As €650/t is now the target for HRC, hot-dip galvanize…
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Anonymous
Very good overview of the weekly steel market.
Anonymous