Persisting bearish sentiment pervades European HRC market

Conditions in the European hot-rolled coil market remained depressed on Thursday May 25, amid slow demand and bearish sentiment among buyers and sellers alike.

Market participants were in wait-and-see mode, with sellers opting to withdraw offers from the market to resist a further downtrend.

Competitive import offers could pressure domestic prices further downward, sources...


India-Inés Levy

May 25, 2023

15:17 GMT