European HRC – Southern European prices up by €8
Southern European prices increased by 2% last week to reach €529 ($685). Prices have declined €42 or 7% in the last three months, but is still €133 or 34% higher than the level seen at the beginning of the year. Northern European transaction prices declined by €6 or 1% and reached €553 ($716).
USA HRC – prices down by $12
Transaction prices slipped by 2% and reached $642 last week. Prices are modestly down by $3 form last month’s level, but still down $86 or 12% from the level three months ago.
Source: Deutsche Bank
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