Northern European HRC Steel prices slip

Published: Dec 22, 2015 09:43

Save

Northern Europe hot rolled cold (HRC) steel prices slipped by €1 a ton week-on-week to €317 per ton in the week ended December 11, as per the latest figures released by The Steel Index.

UNITED KINGDOM December 21 2015 3:45 PM

LONDON (Scrap Register): Northern Europe hot rolled cold (HRC) steel prices slipped by €1 a ton week-on-week to €317 per ton in the week ended December 11, as per the latest figures released by The Steel Index.

Recent attempts by European producers to increase their asking prices have not found their way into the spot market yet.

For Live US Steel Scrap Prices Log on to Scrap Register

Some North European mills have reportedly moved their offers up to €345- 350 per ton, but the market remains skeptical, viewing these hikes as mills’ attempt to improve their position in the ongoing automotive negotiations.

Transactions recorded this week stayed in the €310-325 per ton range, and TSI’s benchmark index finished the week at €317 per ton.

A similar picture was seen in the south of Europe, where prices remained around €275-280 per ton amid very slow market activity. Chinese-origin imports were heard to be offered between €280-285 per ton CIF Italy.

(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

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

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

Related News

Sep 18, 2026 17:21

SMM Nickel Flash: High-Grade NPI Prices Drop, Market Sees Intensified Long-Short Tug-of-War

[SMM Nickel Flash] On September 18, the average price of SMM 10-12% high-grade NPI fell by 33.1 yuan/nickel unit WoW to 1,062.4 yuan/nickel unit (ex-factory, tax included), while the average price of the Indonesia NPI FOB index dropped by $4.06/nickel unit WoW to $137.08/nickel unit. This week, the high-grade NPI market continued to drift lower overall, with the tug-of-war between longs and shorts intensifying.

Sep 18, 2026 17:21

Sep 18, 2026 17:20

SMM High-Grade NPI Sentiment Index Rises Slightly, Market Shows Clear Divergence

[SMM Nickel Flash] On September 18, SMM's high-grade NPI market sentiment index stood at 1.79, up 0.02 MoM. The upstream sentiment index for high-grade NPI was 1.86, flat MoM, while the downstream sentiment index for high-grade NPI was 1.72, up 0.03 MoM. The NPI market is currently marked by clear divergence, with a persistent tug-of-war between longs and shorts.

Sep 18, 2026 17:20

Sep 18, 2026 17:03

[SMM Analysis] Inventory Accumulation and Weak Demand Push High-Grade NPI Lower in Search of a Bottom

The average price of SMM 10-12% high-grade NPI fell WoW by 33.1 yuan/nickel unit to 1,062.4 yuan/nickel unit (ex-factory, tax included), and the average Indonesia NPI FOB index price fell WoW by $4.06/nickel unit to $137.08/nickel unit. This week, the high-grade NPI market continued to drift lower overall, with the tug-of-war between longs and shorts intensifying.

Sep 18, 2026 17:03