EUROPE CRC: Slow trading adds to pressure on domestic prices

Domestic prices for cold-rolled coil (CRC) in the EU have been under pressure from slow trading, sources told Fastmarkets on Thursday November 29.

Demand has been reduced by a combination of seasonal de-stocking activity and a general ‘wait-and-see’ attitude among buyers due to the lack of market clarity about further price trends.

European buyers have also been reported to have sufficient stocks of coil, which was not helping to improve...

Published

Maria Tanatar

November 29, 2018

16:28 GMT

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