EUROPE HRC: Producers reluctant to offer discounted prices

摘要

European producers of hot-rolled coil have been reluctant to give discounts over the past week despite the bearish sentiment among buyers, sources told Fastmarkets on Monday February 10. Fastmarkets’ daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was €473.75 ($518.44) per tonne on Monday, up by €2.08 per tonne from €471.67 per tonne on February 7. Buyers estimated “workable” prices for material at €465-470 per tonne depending on tonnage. At the same time, steelmakers claimed that deals would not be made at any price below €480 per tonne ex-works.