Home / Metal News / Precious Metals / Southern European HRC Steel prices decline to €372 per ton
Southern European HRC Steel prices decline to €372 per ton
Jul 3,2015 08:46CST
industry news
Source:SMM
The Southern European hot rolled cold (HRC) steel prices declined by another €8 per ton week-on-week to €372 per ton ex-works last week, as per the latest figures from the Steel Index.

UNITED KINGDOM July 02 2015 2:15 PM

LONDON (Scrap Register): The Southern European hot rolled cold (HRC) steel prices declined by another €8 per ton week-on-week to €372 per ton ex-works last week, as per the latest figures from the Steel Index.

With traditionally slower demand at the end of Q2, service centres were heard lowering their selling prices to the end-users, in turn, putting pressure on mills to cut offers.

Coupled with the availability of cheaper imports, producers’ asking prices reportedly fell by €5-10 a ton to €375-380 a ton.

However, Northern European HRC prices also trended down, although to a lesser extent, as market participants commented on relatively stable levels of demand.

(This article is compiled by Vibin Antony on behalf of Scrap Register. Send in your suggestions and comments to editor@scrapregister.com)
 

hot rolled cold (HRC) steel prices
Southern European hot rolled cold (HRC) steel prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Most Read
data analysis
data analysis
data analysis
data analysis
data analysis