Domestic CRC, HDG prices in Europe pressured by slow consumption

Domestic prices for steel cold-rolled coil and hot-dipped galvanized coil in Europe inched lower in the seven days to Wednesday September 20 amid slowing demand from end users and pressure from imports, industry sources told Fastmarkets.

European CRC and HDG producers avoided giving firm offers due to the weakness in the market, sticking to a “case-by-case” approach, Fastmarkets heard.

“The outlook is uncertain for October as...

Published

Julia Bolotova

September 20, 2023

15:21 GMT

Brussels