European mills set to announce ?40/mt increases: sources

摘要

European flat mills are expected to increase offer prices by as much as ?40/mt in the coming weeks as participants return from the summer holiday period. In the absence of many participants, the spread between the Platts TSI index for north European HRC and Chinese export prices squeezed to ?54/mt Friday, from ?116/mt at the beginning of June when the Chinese rally began.