European HRC prices rise on better automotive demand, higher energy costs

Domestic prices for hot-rolled coil increased in Northern Europe on Wednesday January 19, supported by higher demand from the automotive sector and by rising energy costs, sources told Fastmarkets.

Demand from the automotive industry has recovered now that long-term agreements have been reached between steelmakers and end consumers. The sustainability of this revival in consumption, however, remains uncertain; car...


Maria Tanatar

January 19, 2022

17:17 GMT