The spread between prices for European hot-rolled coil steel and raw materials hit a a multi-year high in February, as rising spot steel prices continued to outpace iron ore and scrap costs. Northwest European HRC steel averaged just under Eur420/mt ($508/mt) more than raw materials in February, up from around Eur398/mt in January, according to …
The post Europe HRC steel-to-raw materials spread rises on steel prices first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/europe-hrc-steel-to-raw-materials-spread-rises-on-steel-prices/