EUROPE CRC: Domestic prices stable despite limited activity in Southern Europe

Domestic prices for cold-rolled coil (CRC) in Southern Europe were unchanged over the past week despite slow trading activity, sources told Metal Bulletin.

The Southern European market remained in ‘wait-and-see’ mode with participants awaiting a final decision from the United States regarding its Section 232 import tariffs and an expected announcement related to a safeguard case in the European Union, sources said. On March 26, the European Commission (EC) opened a safeguard investigation into 26 steel products in an attempt to prevent steel shipments originally destined for the US from being redirected to the EU market. The investigation will look...


Maria Tanatar

May 17, 2018

06:48 GMT