It is
reported that according to reduction buying interest of the imports of flat
steel in Europe, coupled with the weakness in the euro against the US dollar,
the European flat steel domestic prices will remain stable.
HRC ex-works in southern Europe remained stable at 400-420 euros / tonne (US $
438-459 / t) ,ex-works for hot rolled Nordic is 400-420 euros / tonne (US $
438-459 / ton), a decrease of € 10 Pericyclic / ton ($ 11 / ton).
Cold roll smoothly ex-works in southern Europe is in the 470-480 euros / tonne
(US $ 514-525 / ton), the Nordic cold roll ex-factory price is € 470-500 /
tonne (US $ 514-547 / ton).
Southern Europe HDG price is stable at 470-490 euros / tonne (US $ 514-536 /
ton), the Nordic HDG prices is stable at 480-500 euros / tonne (US $ 525-547 /
ton).
Source-yieh