European CRC, HDG producers mull higher prices

European steelmakers intend to increase prices for downstream flat steel, while buyers are unconvinced about a strong rebound due to still-weak demand from end users, Fastmarkets heard on Wednesday August 30.

Firm offers for cold-rolled and hot-dip galvanized coil were still rare in Europe, because the market has not fully restarted after the summer holidays.

But mills were reportedly aiming for...


Julia Bolotova

August 30, 2023

14:43 GMT