EU coil prices to soften in wake of global market decline

Domestic coil prices in Europe are expected to fall following the decline in the international market, sources told Metal Bulletin this week.

Metal Bulletin’s assessment of prices for June shipments of commercial-grade, boron-containing SS400 hot rolled coil (HRC) from China was $415-420 per tonne fob for the week ending April 18, down $25 per tonne from a week ago.

The fall in Chinese prices has had no direct influence on the European market due to EU anti-dumping duties on hot rolled coil (HRC) and cold rolled coil (CRC) coil. However, as...

Published

Maria Tanatar

April 20, 2017

11:03 GMT

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