Intel Details

Europe: ArcelorMittal hikes HRC offer for third time in Mar'21

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29 Mar 2021, 19:13 IST
Steel Mint Intel

European steel major - ArcelorMittal has raised HRC offers for the third time in Mar'21 according to recent media reports. The revised HRC offer stand at Euro 900/t ($1,060/t). Domestic HRC prices in Europe have been rallying owing to demand-supply mismatch. Limited inventories with mills owing to involved technical issues, maintenance shutdowns & delayed deliveries are some of the key reasons behind price hike

29 Mar 2021, 19:13 IST
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