EUROPE Cold Rolled Steel: Domestic prices rise on long lead times, high import offers


Domestic cold-rolled coil prices in Europe jumped , due to a shortage of locally produced material and a lack of imported alternatives.

Fastmarkets weekly price assessment for steel CRC, domestic, exw Northern Europe was €780-800 per tonne on January 14, up by €60-90 per tonne week

on week from €690-740 per tonne.The assessment reflects achievable prices and few deals heard in the market.

Official offers, in the meantime, have been heard at €820-830 per tonne ex-works.

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