Industry News

HRC prices in Europe continue to rise

Views : 142
Update time : 2021-05-07 17:28:05
The supply of hot-rolled coils in Europe is still under shortage, which caused domestic prices to rise continuously.

Market participants said that the price-up trend in the Italian market has slowed slightly, but not clear yet.

At present, the production quotas of European steel mills and abroad suppliers have been arranged for Q3 or Q4 delivery. Local buyers have also accepted price increases in order to replenish the inventory.

On the other hand, India has exhausted the EU import quota for Q2. Indian mills have been impacted by the worse COVID-19 epidemic, so the delivery may be delayed further.
Related News
Read More >>
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Mar .12.2025
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Mar .12.2025
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they? Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
Mar .12.2025
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
International crude oil prices increase on Mar 11 International crude oil prices increase on Mar 11
Mar .12.2025
International crude oil prices increase on Mar 11