EU HRC prices stable, sentiment bullish

Domestic prices for hot-rolled coil in Northern Europe and Italy were broadly stable on Friday January 21, with market sentiment remaining bullish due to a recovery in demand, sources told Fastmarkets.

Automotive manufacturers, in particular, have been showing higher interest in steel after long-term agreements were reached between steelmakers and end consumers earlier this month. The sustainability of the demand revival,...

Published

Maria Tanatar

January 21, 2022

16:14 GMT

London