ArcelorMittal, Europe’s largest steel producer, has raised steel coil prices by Euro 30/t today after a gap of one month, sources informed SteelMint. Limited steel supplies and the recent confirmation of EU extending safeguard measures have lifted market sentiments resulting in the price hike.
Revised prices:
- HRC offers stand at Euro 1,200/t ($1,432)
- CRC and hot-dipped galvanised offers are at Euro 1,350/t ($1,611)
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