HRC prices in Europe slide lower on persistently weak fundamentals, resumed downtrend in imports

European hot-rolled coil prices inched lower on Thursday June 23 due to ongoing weak demand, resumed import pressure, and bearish sentiment, Fastmarkets heard.

Fastmarkets calculated its daily steel HRC index, domestic, ex-works Northern Europe at €863.75 ($910.12) per tonne on June 23, down by just €4.25 from €868.00 per tonne on Wednesday.


Julia Bolotova

June 23, 2022

15:30 GMT