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Home / Metal News / Northern European HRC Steel prices plummet to €392 per ton

Northern European HRC Steel prices plummet to €392 per ton

iconMay 25, 2015 14:48
Source:SMM
Northern Europe hot rolled cold (HRC) steel prices plummeted by €7 a ton week-on-week to €392 per ton during last week, as per the latest figures released by The Steel Index.

 

UNITED KINGDOM May 25 2015 11:41 AM
LONDON (Scrap Register): Northern Europe hot rolled cold (HRC) steel prices plummeted by €7 a ton week-on-week to €392 per ton during last week, as per the latest figures released by The Steel Index.
 
According to TSI, transactions were seen concluded mostly between €390-400 a ton, and larger volume deals were concentrated at the lower end of the range. 
 
For Live US Steel Scrap Prices Log on to Scrap Register
 
The South European market saw more activity this week, as buyers returned to book material at slightly lower prices. 
 
HRC was reportedly trading around €390 a ton, but some deals were concluded closer to the €380 a ton mark. 
 
Highlighting concerns about the increasing impact of imports on the European steel market, the European Commission initiated an anti-dumping investigation into CRC imports from China and Russia.
 
(This article is compiled by Vibin Antony on behalf of Scrap Register. Send in your suggestions and comments to editor@scrapregister.com)
The Steel Index
Northern Europe hot rolled cold steel prices
Northern Europe HRC steel prices

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