European steel CRC, HDG producers squeezed between low demand, high costs

Prices for steel cold-rolled coil and hot-dipped galvanized coil in Europe were stable or slightly weaker in the seven days to Wednesday September 13, despite producers’ attempts to push for increases because of higher costs, industry sources told Fastmarkets.

Slow demand and competitive import offers were the principal factors dragging on European domestic CRC and HDG prices, they said.

European mills were reported to be trying to get “some...

Published

Julia Bolotova

September 13, 2023

16:00 GMT

Brussels