21
Aug
15:43
ArcelorMittal begins to increase coil offers in Europe
This week, ArcelorMittal has begun to communicate to its clients the company’s intention to increase coil price offers by €30/tonne ($33.3/t) across Europe, Kallanish learns from industry sources.
The move has been widely expected in the market. The increase is expected to take offers for HRC in Germany back to €510/t ex-works and in Italy to €490/t delivered.
A source with knowledge of the situation confirmed the increase will also …
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Anonymous
Very good overview of the weekly steel market.
Anonymous