Market sources said European steelmaker ArcelorMittal raised domestic prices for hot-rolled coil for the third time this month last Friday, March 26, 2021.
Significant increase in steel prices by ArcelorMittal
Prices are said to have been raised by €50 for Northern Europe and by as much as €80 for Italy.
Lead times in Europe now from June to December 2021
Current lead times range from June to October 2021, with the trend for most steel products appearing to be towards late autumn.
Recently, the first lead times for December 2021 at European steel mills had become known.
Source: Market sources
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