The mood in the European market for hot-rolled coil has been downbeat but prices have remained stable despite limited trading activity, sources told Fastmarkets on Wednesday April 1.
Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, fell by just ?,?0.26 per tonne to ?,?472.50 ($519.73) per tonne on Wednesday, from ?,?472.86 per tonne on March 31.After car manufacturers stopped their operations, several European steel producers announced cuts in...