No rebound in sight for European HRC amid end-user consumption concerns

Quiet conditions and slowing end-user consumption persisted in the European hot-rolled coil market, clouding the outlook for the fourth quarter of 2023, sources told Fastmarkets on Wednesday September 20.

In Northern Europe, trading was close to nil, with most buyers postponing restocking.

“We expect restocking to begin in October or even November, as demand by end users is slowing...


Julia Bolotova

September 20, 2023

15:45 GMT