EUROPE HRC: European mills looking for further price rises

By Maria Tanatar / February 14, 2018 / www.metalbulletin.com / Article Link

European mills insist in higher domestic prices for hot-rolled coil (HRC) following the positive trend settled in the market, sources told Metal Bulletin.

The upward trend settled in the EU coil market has been supported by a combination of decreased production of domestic material in Italy and the effects of trade defense measures.Sources of imported HRC have been limited since the European Commission (EC) settled definitive anti-dumping measures on material from China in April 2017, and on imports from Russia, Ukraine, Iran and Brazil in October of last year.Northern EuropeMetal Bulletin's weekly price assessment for domestic HRC in Northern Europe was...

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