EUROPE HRC: Demand remains weak on seasonal slowdown

Hot-rolled coil trading activity in the European market remained limited on Tuesday August 17 due to the seasonal slowdown, sources told Fastmarkets.

Most of the region's buyers and producers have been holding back from trading during August; activity is not expected to revive until early September, following the traditional cycle.
Northern European buyers have already started to slowly return to the market, but they are taking time to assess the situation and are waiting for fresh offers from Italy.

Fastmarkets calculated its daily steel hot-rolled...

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