European distributors of flat steel products reported a 3.1% year-on-year decline in shipment volumes in July, the regional federation for steel, tube and metals distribution and trade, Eurometal, said on Sunday September 9.
"After quite high inventories at the turn of the year, mainly in coated products, stocks at EU steel service centers have now come back to normal," Eurometal said.Metal Bulletin's weekly assessment of the domestic price for hot-dipped galvanized (HDG) coil in Northern Europe averaged ?,?661.25 ($763.89) per tonne ex-works in July 2018, up by 2.32% year-on-year.Prices rose in the second half of July, supported...