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Home / Metal News / Southern Europe HRC Steel import prices drop to €417 per ton

Southern Europe HRC Steel import prices drop to €417 per ton

iconOct 24, 2014 15:13
Southern Europe hot rolled cold (HRC) steel import prices dropped by €2 per ton week-on-week to €417 per ton in the week ended October 17, as per the latest figures released by the The Steel Index.

UNITED KINGDOM October 24 2014 12:18 PMTweet 
LONDON (Scrap Register): Southern Europe hot rolled cold (HRC) steel import prices dropped by €2 per ton week-on-week to €417 per ton in the week ended October 17, as per the latest figures released by the The Steel Index.

According to TSI, negative market sentiment continued to prevail in the South European market as HRC prices in the region weakened during the week.

To attract orders, some Italian producers have reportedly decreased their HRC asking prices to €410-420/tonne (ex-works), but this is yet to entice buyers back to the market in a significant way.

North European mills have resisted lowering offers so far and HR coil prices rose a few Euros within the €415-425 a ton range.

 

Southern Europe hot rolled cold (HRC) steel import prices
the The Steel Index.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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