Trading activity in the European hot-rolled coil market remained limited on Thursday October 7, but buyers are expected to resume purchasing activity later this month, sources told Fastmarkets.
Although most European buyers have sufficient flat-steel stocks to last until the end of the year, they will need to negotiate deals for first-quarter delivery coil no later than November, market participants said.Sentiment among buyers has been mixed, with sources pointing to the drop in demand for steel from the...