[SMM Steel] Firm Mill Offers Drive Slight Upside in EU HRC Amid Sluggish Trading

Published: Jul 21, 2026 16:12
[EU] EU hot-rolled coil (HRC) prices maintained a firm footing, edging up to 805–810 USD/tonne EXW. Although actual trading activity remains generally sluggish, domestic mills maintain a staunch pricing stance. Among them, Northern European integrated mills concluded select transactions at 825–835 USD/tonne delivered, with order books stretching into September and October. On the import front, Turkish HRC offers to the EU held steady at 675–680 USD/tonne CFR (duty-inclusive).

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[EU] EU hot-rolled coil (HRC) prices maintained a firm footing, edging - Shanghai Metals Market (SMM)