Tag: Europe: ArcelorMittal hikes HRC prices by Euro 30/t ($34/t)

ArcelorMittal Europe has announced a hike in northwest European HRC prices by around Euro 30/t ($34/t). Post revision, the effective prices stand at around Euro 970/t ($1,108/t) on ex-works basis. Prices have been raised considering gas supply concerns and a revision in Turkish HRC prices after the European Commission announced that they are not imposing…