20
Feb
11:28
Europe anticipates HRC price increase for second quarter
European hot rolled coils are seen increasing in the second quarter by a further €30/tonne ($34/t) following the €30/t increase implemented in Q1, traders and HRC buyers tell Kallanish.
Despite uncertainty and the fact that European mills’ order books appear not to be extended, the effect of safeguard and import duties on HRC is severely affecting supply. In Q2 Italian HRC is seen increasing to €490-500/t base ex-works, up from the…
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Anonymous
Very good overview of the weekly steel market.
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