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Southern European steel coil prices rise
2017-07-19 16:39:54

 Southern European steel coil prices rise

Last week, the price of southern European coil rose, compared with two weeks ago, the low rose 10-20 euros / ton, mainly to prevent the summer after the stock is too low and began to add inventory. While rising prices of imported resources also contributed to the South European market prices, although the mills did not provide new offers, but low-cost resources have been difficult to obtain, steel mills are no longer provide discounts. In addition, the impact of the 232 survey on the market remains unclear, and this uncertainty is expected to remain in place by mid-October.

 

     At present, the Southern European hot volume factory base price climbed to 450 euros / ton, two weeks ago, hot volume factory base price has dropped to 430-440 euros / ton, the hot volume import quotes also rose to 445-450 euros / ton (CIF), the main From India. The price of the cold rolled coil is 550-560 euros / tonne, the Vietnamese resource is quoted at € 535 / t (CIF, India, India) and the Indian resource is quoted at € 545 / t (CIF, India).