EUROPE HRC: Market activity slow, sentiment negative

September 01, 2021 / www.metalbulletin.com / Article Link

The European hot-rolled coil (HRC) market remained calm on Tuesday August 31 while buyers remained in a "wait-and-see" mode, sources told Fastmarkets.

Although both buyers and sellers have returned to the market after a traditionally slow August, they have been taking their time to assess market trends.
Buyers' sentiment has been largely negative due to lower iron ore costs, uncertainty over automotive demand, sufficient buyer stocks and an increased availability of coil in the European market.

A continuing shortage of semiconductors has...

Recent News

Immediate trigger for crash was new Fed Chairman pick

February 02, 2026 / www.canadianminingreport.com

Gold stocks slump on metal price decline

February 02, 2026 / www.canadianminingreport.com

Is the gold market starting to turn 'irrationally exuberant'?

January 26, 2026 / www.canadianminingreport.com

Gold stocks explode up as equity markets languish

January 26, 2026 / www.canadianminingreport.com

Gold stocks outpace flat large caps

January 19, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok