Weak buying drags European HRC prices down further

Hot-rolled coil prices in Europe have fallen further with buyers believing that the market bottom had yet to be reached, Fastmarkets heard on Thursday May 19.

High levels of inventories at distributors and steel-service centers in both the north and south of the region continued to subdue buying interest for HRC.

Producers in Northern Europe and...

Published

Julia Bolotova

May 19, 2022

15:15 GMT

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