Domestic prices for cold-rolled coil (CRC) in Europe have been largely stable over the past week, sources told Metal Bulletin on Wednesday April 25.
The market has been in "wait-and-see" mode with participants waiting for a final decision from the United States about its Section 232 import tariffs and an expected announcement arising from a safeguard case in the EU, sources said."There is a little downward pressure in the market. But everybody has been, and is still, waiting for a result from the discussion between the EU and the US concerning Section 232 import restrictions," a trader said.This week, the US authorities further postponed imposing Section...