EUROPE CRC: Market in ‘wait and see’ mode until new import offers come in

The European market for cold rolled coil (CRC) is in “wait and see” mode, as overseas suppliers are expected to return with lower offers at the beginning of next week, sources told Metal Bulletin.

Southern Europe “India and Brazil stopped offering all coil products earlier this week and they are expected to return with fresh lower offers next week,” an Italian trader said. “The new offers will be for the first quarter of next year delivery so there should not be...

Published

Maria Tanatar

October 12, 2017

12:43 GMT

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