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Southern Europe HRC Steel import prices slip to €419 per ton
Oct 17, 2014 15:49Southern Europe hot rolled cold (HRC) steel import prices slipped by €1 per ton week-on-week to €419 per ton in the week ended October 10, as per the latest figures released by the The Steel Index.
UNITED KINGDOM October 17 2014 12:23 PM
LONDON (Scrap Register): Southern Europe hot rolled cold (HRC) steel import prices slipped by €1 per ton week-on-week to €419 per ton in the week ended October 10, as per the latest figures released by the The Steel Index.
The European steel market continued to struggle with slow demand this week, putting downward pressure on current price levels.
With low raw material prices, North European producers have less incentive to push for price increases and started to make more aggressive offers to improve order books.
Italian mills have also been affected by the slowdown in orders and offers from Ilva have reportedly come down to €420 a ton (from the previous level of €430/t, ex-works).
Southern Europe HRC steel import prices
Southern Europe hot rolled cold steel import prices
The Steel Index
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