EUROPE CRC: Domestic prices drop on competitive import offers

By Maria Tanatar / September 19, 2018 / www.metalbulletin.com / Article Link

Domestic prices for cold-rolled coil (CRC) in the EU declined this week due to competition with imports, sources told Metal Bulletin on Wednesday September 19.

Last week import offers of CRC to the EU fell."Domestic mills are under pressure from import offers. And the quota for import is not filled yet therefore the buyers will look for more imported coil," a trader said.The European Commission introduced preliminary tariff rate quotas on 23 steel products, including imported CRC,...

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