07
Apr
12:37
EU coil pricing hype dissipates, downturn debated
European coil market anxiety over an indefinite surge in steel prices in the aftermath of Russia’s invasion of Ukraine has dissipated. Some sources even wonder if the war will be detrimental to prices going forward.
Shortly after the market leader announced higher values in early March, many observers believed the surge was still in full swing, and anticipated further hikes soon. One mill did indeed achieve some sales of hot rolled coil cut in sheets at &eur…
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Anonymous
Very good overview of the weekly steel market.
Anonymous