Leading global steelmaker ArcelorMittal has increased its coil offers across Europe for the third time this month, on the back of the persisting shortage of material. Its new offers for HRC are at €1,150/mt ex-works, up €50/mt compared to last week. At the same time, ArcelorMittal's offers for CRC and HDG are both at €1,300/mt ex-works, also up €50/mt compared to the previous levels. This move may give an extra boost to local spot prices, which have reached €1,030-1,100/mt ex-works this week, as previously reported by SteelOrbis.
ArcelorMittal rises coil prices by €50/mt in the European market
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