Demand remains subdued in EU HRC market amid buyer hesitation

Demand in the European hot-rolled coil market decreased in the week ended Friday September 15, with buyers remaining hesitant and opting to await greater clarity on price direction before restocking, sources told Fastmarkets.

Buyers will wait for Sunday October 1 when new import quotas start before beginning to restock, sources said.

Weak consumption from key end-user sectors like automotive slowed appetite for HRC...


India-Inés Levy

September 18, 2023

13:24 GMT