Europe: ArcelorMittal further raises HRC list price by Euro 50/t ($60)

ArcelorMittal, Europe’s largest steelmaker has announced another hike in its coil prices by Euro 50/t w-o-w, sources reported to SteelMint.

Fresh offers are listed below-

  • Revised price of HRC stands at around Euro 1,100/t as against Euro 1,050/t last week,
  • Revised price of CRC and Hot-dipped galvanized stands at Euro 1,250/t as against Euro 1,200/t a week ago.
  • This is company’s second hike of the month, over supply crunch and lower inventories with end-users.

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