Gloomy sentiment prevails in European HRC market

Buying activity in the European steel hot-rolled coil markets was expected to revive in June, with prices likely to dip further, sources told Fastmarkets on Friday May 26.

Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Italy, at €688.75 ($738.91) per tonne on Friday, stable day-on-day.

The latest calculation of the Italian index was...


Julia Bolotova

May 26, 2023

15:03 GMT