EUROPE CRC: Domestic prices slip downward in slow market

November 16, 2018 / www.metalbulletin.com / Article Link

Domestic prices for cold-rolled coil (CRC) have moved down slightly over the past week in Europe on slow trading, sources told Fastmarkets on Thursday November 15.

Demand was slow because distributors have sufficient volumes in stock, according to market sources.In addition, the future price trend in the coil market was not clear to buyers so they preferred to hold back from purchasing.This week, domestic prices for hot-rolled coil (HRC), used as feedstock for CRC production, have...

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