ArcelorMittal rises coil prices by €50/mt in the European market

Wednesday, 19 May 2021 19:42:46 (GMT+3)   |   Brescia
       

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.


Similar articles

US flats source believe HRC prices are “at or near the bottom”

22 Mar | Flats and Slab

Romania’s sole flats mill cuts HRC prices, raises HDG and PPGI prices

22 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 12, 2024

21 Mar | Flats and Slab

US HRC prices still ticking downward, prices expected to bottom this month

15 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 11, 2024

14 Mar | Flats and Slab

Baosteel keeps local HRC prices stable for April

12 Mar | Flats and Slab

US flats mills take primes down $60-$70/gt, announce HRC price increase

08 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 10, 2024

07 Mar | Flats and Slab

US HRC, CRC and HDG coil prices maintain their downtrend

01 Mar | Flats and Slab

Japan’s steel exports up 5.3 percent in January

01 Mar | Steel News