European HRC market remains weak, expectations downbeat

The European hot-rolled coil price continued weakening on Tuesday May 24 due to overstocking and slow end-user demand, sources told Fastmarkets.

Fastmarkets calculated its daily steel HRC index, domestic, ex-works Northern Europe at €1,051.00 ($1,118.82) per tonne on May 24, down by €15.67 per tonne from €1,066.67 per tonne on Monday....


Julia Bolotova

May 24, 2022

15:42 GMT