31
May
15:19
Some EU steelmakers consider increasing HRC
Some European steelmakers are mulling increases on hot rolled coil, since the European Commission said it will introduce a 15% cap per origin over the “other country” tariff-rate quota (TRQ) for HRC.
The HRC market remains stagnant in Europe. Before the Commission announcement and considering the very weak consumption for coil and its derivatives downstream, EU steelmakers were bracing for a circa €20/tonne ($21) price decline in June. The latest …
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Anonymous
Very good overview of the weekly steel market.
Anonymous