EUROPE HRC: Domestic prices stabilize despite competitive import offers

July 30, 2021 / www.metalbulletin.com / Article Link

Domestic hot-rolled coil prices in Europe held fairly firm on Thursday July 29 despite a higher number of competitive import offers, market sources told Fastmarkets.

Demand in Northern Europe has been weak due to the seasonal summer-holiday slowdown across the EU.
The number of offers from European mills has been limited anyway. Suppliers in Germany were reported to be holding back from making new offers due to good order books and because they would prefer to take their time in evaluating the effects of the country's recent floods on their logistics, sources said.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?1,143.33 ($1,351.18) per tonne on Thursday, up by just ?,?0.29 per tonne from ?,?1,143.04...

Recent News

Gold stocks outperform, New Found Gold down on initial MRE

March 31, 2025 / www.canadianminingreport.com

Global Mining M&A sees moderate gain in 2024

March 31, 2025 / www.canadianminingreport.com

TSX/TSXV mining could continue to see strong equity capital raising 2025

March 24, 2025 / www.canadianminingreport.com

Gold stocks continue to outperform in move into defensives

March 24, 2025 / www.canadianminingreport.com

Gold stocks reach new highs

March 17, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok