Mood in EU HRC market cautiously optimistic on higher demand, import offers

Domestic prices for hot-rolled coil in Northern Europe and Italy were fairly stable on Tuesday January 25, with sentiment remaining cautiously bullish, sources told Fastmarkets.

Demand has improved following the settlement of long-term contracts between European steelmakers and end-consumers, including those in the automotive industry. The extent of this recovery, however, remains uncertain due to...

Published

Maria Tanatar

January 25, 2022

16:27 GMT

London