According to foreign media reports, the ex factory price index of Nordic hot rolled steel coils on May 19 was 1096.2 euro (US $1334.1) / ton, up 38 euro / ton on a week-on-month basis and 154.5 euro / ton on a month-on-month basis.
According to European market news, at present, most European steel mills do not issue SPA-H hr coil etc. hot coils quotations on the spot market, and a few of them still issue quotations on the spot market, but their supply is also very small. At present, some European steel mills have issued hot coil quotation for the fourth quarter.
A trader in northern Europe said that on the one hand, the SPA-H hr coil etc. hot coils provided by European steel mills are insufficient, on the other hand, the import quota is also very limited, and the hot rolled steel coil market as a whole is still in a situation of short supply, so some buyers have to increase their prices.
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