European hot-rolled coil prices increased further on Monday March 14 due to surging energy costs and tight supply, sources told Fastmarkets.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at €1,343.57 ($1,466.13) per tonne on Monday, up by €39.40 per tonne from €1,304.17 per tonne on Friday..