European coil prices static on little trading activity

Apr 12, 2012 | 05:35 AM |

European coil prices stood still this week at levels unchanged for more than two months on the back of poor steel demand and little trading activity. Domestic prices for hot rolled coil (HRC) remained at €550-560 ($720-733) per tonne rolled in April for May/June delivery. Similarly, HRC imports have remained at €560-580 per tonne cfr for June/July delivery. “I don’t see any changes this week,” one HRC....

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