Trading slow in European HRC market, but mills maintain high offers

European prices for steel hot-rolled coil were largely flat on Wednesday December 6, with trade slowing down and buyers becoming cautious about the sustainability of prices in the first quarter of next year, sources told Fastmarkets.

In Northern Europe, January-delivery coil was largely sold out, and all producers are seeking higher prices for February deliveries.

Some mills even claimed to be sold out for February...


Julia Bolotova

December 06, 2023

17:40 GMT