Weak demand pushes HRC price further down in Northern Europe, Italy

The downtrend in the European hot-rolled coil market persisted on Monday May 16, with prices sinking lower on weak demand, sources told Fastmarkets.

Full stocks at distributors and service centers have limited buying interest for HRC in both Northern Europe and Italy, sources said.

“Stocks are full everywhere; [service centers] cannot even accept...

Published

Julia Bolotova

May 16, 2022

15:37 GMT

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