EU HRC market remains slow but buyers expected to restock soon

Trading activity in the European hot-rolled coil market remained low on Wednesday December 1, but buyers were likely to return to the market soon to look for orders, sources told Fastmarkets.

European mills still have volumes available to spot buyers after the slump in steel demand from the automotive industry. Steel consumption by EU carmakers has fallen by at least 30%...

Published

Maria Tanatar

December 01, 2021

17:12 GMT

London