In the first week of December, in Asia, the average HRC price increased by more than 4% to $ 499 / tonne CFR ASEAN port. CRC and plate price also increased and reached the highest level in the past 12 months to reach $ 571 / ton and $ 462 / ton CFR ASEAN port.
The average HRC reference price in the US increased by $ 24 / ton from last week to $ 531 / ton short FOB Midwest. Other products in the US increased higher: CRC increased by $ 33 / short ton, Hot dip galvanized coil increased by $ 34 / short ton and steel plate increased by $ 39 / short ton.
In Europe, too, all prices increase. HRC North Europe increased by € 23 / ton to € 517 / ton shipped while HDG increased by € 21 / ton and plate increased by € 2 / ton. CRC has reached a 12-month high of € 613 / ton delivered.