Domestic prices for cold-rolled coil (CRC) in Europe have moved up slightly over the past week despite slow market activity, and they are expected to rise further, sources told Metal Bulletin on Wednesday August 1.
"The market is rather slow now, but the mills have good order books and they are not offering much at the moment because they feel no pressure to sell, and would prefer to wait until demand recovers [in September]," a trader said.Apart from the positive effects of the expected demand recovery after the summer lull, domestic prices will also be...