EUROPE HRC: Domestic prices slide in south on limited trading

Domestic prices for hot rolled coil (HRC) in Southern Europe have moved down over the past week due to limited trading activity, sources told Metal Bulletin on Wednesday June 13.

Demand for coil in Southern Europe remained weak, although some sources noted a degree of pickup in buying activity. Competition between the region’s distributors was reported to be tough. Metal Bulletin’s price assessment for domestic HRC in Southern Europe was €500-540 ($588-636) per tonne ex-works on June 13, down from €520-550 per tonne ex-works a week earlier. Prices for the material in Italy were heard at €500-530 per tonne ex-works, while the upper end of the assessment represented prices in Spain. “Now it seems that prices are more stable,...

Published

Maria Tanatar

June 13, 2018

16:00 GMT

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